iShares ESG MSCI USA Leaders ETF (NASDAQ:SUSL) Sets New 12-Month High – Still a Buy?

iShares ESG MSCI USA Leaders ETF (NASDAQ:SUSL) hit a new 52-week high during mid-day trading on Thursday . The company traded as high as $138.70 and last traded at $138.70, with a volume of 1920 shares traded. The stock had previously closed at $137.78.

iShares ESG MSCI USA Leaders ETF Stock Up 0.6%

The stock has a 50 day simple moving average of $132.30 and a 200 day simple moving average of $126.10. The company has a market capitalization of $1.21 billion, a price-to-earnings ratio of 27.42 and a beta of 1.04.

iShares ESG MSCI USA Leaders ETF Cuts Dividend

The business also recently declared a quarterly dividend, which was paid on Thursday, June 18th. Investors of record on Monday, June 15th were issued a $0.2852 dividend. The ex-dividend date of this dividend was Monday, June 15th. This represents a $1.14 annualized dividend and a dividend yield of 0.8%.

Institutional Inflows and Outflows

Institutional investors have recently added to or reduced their stakes in the stock. RVW Wealth LLC increased its position in iShares ESG MSCI USA Leaders ETF by 2.2% in the second quarter. RVW Wealth LLC now owns 5,845 shares of the company’s stock worth $776,000 after buying an additional 124 shares during the period. JGP Wealth Management LLC boosted its holdings in shares of iShares ESG MSCI USA Leaders ETF by 5.0% during the second quarter. JGP Wealth Management LLC now owns 5,011 shares of the company’s stock valued at $665,000 after acquiring an additional 237 shares during the period. Trilogy Capital Inc. grew its position in shares of iShares ESG MSCI USA Leaders ETF by 3.6% during the second quarter. Trilogy Capital Inc. now owns 80,901 shares of the company’s stock worth $10,740,000 after acquiring an additional 2,828 shares during the last quarter. GTS Financial LLC bought a new position in shares of iShares ESG MSCI USA Leaders ETF during the first quarter worth about $844,000. Finally, Royal Bank of Canada increased its holdings in shares of iShares ESG MSCI USA Leaders ETF by 0.4% in the 1st quarter. Royal Bank of Canada now owns 376,738 shares of the company’s stock worth $42,798,000 after acquiring an additional 1,425 shares during the period.

About iShares ESG MSCI USA Leaders ETF

The iShares ESG MSCI USA Leaders ETF (SUSL) is an exchange-traded fund that is based on the MSCI USA Extended ESG Leaders index. The fund tracks an index of US large- and mid-cap firms with the highest ESG ratings, weighted by market-cap within each sector buckets. SUSL was launched on May 7, 2019 and is managed by BlackRock.