iShares ESG MSCI USA Leaders ETF (NASDAQ:SUSL) Sees Strong Trading Volume – Still a Buy?

iShares ESG MSCI USA Leaders ETF (NASDAQ:SUSL) saw unusually-strong trading volume on Wednesday . Approximately 14,996 shares were traded during mid-day trading, a decline of 10% from the previous session’s volume of 16,576 shares.The stock last traded at $103.43 and had previously closed at $103.68.

iShares ESG MSCI USA Leaders ETF Stock Performance

The company has a 50-day moving average price of $105.24 and a 200-day moving average price of $101.25. The firm has a market capitalization of $978.62 million, a price-to-earnings ratio of 29.97 and a beta of 1.00.

iShares ESG MSCI USA Leaders ETF Increases Dividend

The company also recently announced a dividend, which was paid on Friday, December 20th. Investors of record on Tuesday, December 17th were given a $0.331 dividend. The ex-dividend date of this dividend was Tuesday, December 17th. This is a boost from iShares ESG MSCI USA Leaders ETF’s previous dividend of $0.32.

Institutional Trading of iShares ESG MSCI USA Leaders ETF

A number of hedge funds have recently added to or reduced their stakes in the stock. PFG Investments LLC raised its stake in shares of iShares ESG MSCI USA Leaders ETF by 8.4% during the 2nd quarter. PFG Investments LLC now owns 3,341 shares of the company’s stock worth $326,000 after buying an additional 258 shares in the last quarter. Envestnet Asset Management Inc. raised its stake in shares of iShares ESG MSCI USA Leaders ETF by 12.8% during the 2nd quarter. Envestnet Asset Management Inc. now owns 672,387 shares of the company’s stock worth $65,511,000 after buying an additional 76,347 shares in the last quarter. Mercer Global Advisors Inc. ADV raised its stake in shares of iShares ESG MSCI USA Leaders ETF by 11.2% during the 2nd quarter. Mercer Global Advisors Inc. ADV now owns 739,624 shares of the company’s stock worth $71,792,000 after buying an additional 74,656 shares in the last quarter. Affinity Capital Advisors LLC raised its stake in shares of iShares ESG MSCI USA Leaders ETF by 12.2% during the 2nd quarter. Affinity Capital Advisors LLC now owns 4,277 shares of the company’s stock worth $417,000 after buying an additional 464 shares in the last quarter. Finally, Clarity Asset Management Inc. purchased a new position in shares of iShares ESG MSCI USA Leaders ETF during the 2nd quarter worth approximately $125,000.

iShares ESG MSCI USA Leaders ETF Company Profile

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.