iShares MSCI USA ESG Select ETF (NYSEARCA:SUSA) Sees Large Volume Increase – Still a Buy?

iShares MSCI USA ESG Select ETF (NYSEARCA:SUSA) shares saw strong trading volume on Friday . 710,863 shares changed hands during trading, an increase of 487% from the previous session’s volume of 121,100 shares.The stock last traded at $105.99 and had previously closed at $110.72.

iShares MSCI USA ESG Select ETF Stock Performance

The business’s 50 day moving average price is $119.92 and its 200-day moving average price is $121.62. The firm has a market capitalization of $3.11 billion, a PE ratio of 25.34 and a beta of 1.05.

Institutional Trading of iShares MSCI USA ESG Select ETF

A number of institutional investors and hedge funds have recently added to or reduced their stakes in SUSA. Integrity Financial Corp WA acquired a new position in iShares MSCI USA ESG Select ETF in the 4th quarter valued at about $37,000. Transce3nd LLC purchased a new position in shares of iShares MSCI USA ESG Select ETF in the fourth quarter valued at approximately $41,000. Financial Life Planners acquired a new position in shares of iShares MSCI USA ESG Select ETF in the fourth quarter valued at approximately $45,000. Human Investing LLC purchased a new stake in iShares MSCI USA ESG Select ETF during the 4th quarter worth approximately $53,000. Finally, Millstone Evans Group LLC acquired a new stake in iShares MSCI USA ESG Select ETF during the 4th quarter worth approximately $107,000.

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.