iShares MSCI USA ESG Select ETF (NYSEARCA:SUSA) Sees Significant Drop in Short Interest

iShares MSCI USA ESG Select ETF (NYSEARCA:SUSA) was the target of a significant decline in short interest during the month of April. As of April 30th, there was short interest totaling 4,215 shares, a decline of 58.6% from the April 15th total of 10,191 shares. Based on an average daily volume of 33,856 shares, the days-to-cover ratio is currently 0.1 days. Approximately 0.0% of the company’s stock are short sold.

Hedge Funds Weigh In On iShares MSCI USA ESG Select ETF

Institutional investors and hedge funds have recently bought and sold shares of the company. Apella Capital LLC purchased a new position in iShares MSCI USA ESG Select ETF in the fourth quarter worth $918,000. Berman McAleer LLC purchased a new stake in shares of iShares MSCI USA ESG Select ETF during the third quarter valued at $1,254,000. Olde Wealth Management LLC purchased a new stake in shares of iShares MSCI USA ESG Select ETF during the third quarter valued at $4,838,000. Shira Ridge Wealth Management grew its holdings in shares of iShares MSCI USA ESG Select ETF by 1.7% during the fourth quarter. Shira Ridge Wealth Management now owns 289,514 shares of the company’s stock valued at $40,342,000 after buying an additional 4,750 shares during the last quarter. Finally, Destination Wealth Management grew its holdings in shares of iShares MSCI USA ESG Select ETF by 39.5% during the third quarter. Destination Wealth Management now owns 43,619 shares of the company’s stock valued at $5,917,000 after buying an additional 12,362 shares during the last quarter.

iShares MSCI USA ESG Select ETF Price Performance

NYSEARCA SUSA traded down $1.78 on Friday, hitting $149.60. The stock had a trading volume of 28,814 shares, compared to its average volume of 58,815. The business’s fifty day moving average price is $139.54 and its 200 day moving average price is $139.70. iShares MSCI USA ESG Select ETF has a 52-week low of $119.50 and a 52-week high of $151.69. The stock has a market cap of $3.92 billion, a price-to-earnings ratio of -268.25 and a beta of 1.06.

iShares MSCI USA ESG Select ETF Company Profile

The iShares MSCI USA ESG Select ETF (SUSA) is an exchange-traded fund that is based on the MSCI USA Extended ESG Select index. The fund tracks an index of US companies with high environmental, social and governance (ESG) factor scores as calculated by MSCI. SUSA was launched on Jan 24, 2005 and is managed by BlackRock.