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

Shares of iShares ESG MSCI USA Leaders ETF (NASDAQ:SUSL) saw strong trading volume on Monday . 105,807 shares traded hands during trading, an increase of 264% from the previous session’s volume of 29,035 shares.The stock last traded at $95.87 and had previously closed at $95.59.

iShares ESG MSCI USA Leaders ETF Stock Performance

The stock has a 50-day moving average price of $101.54 and a two-hundred day moving average price of $103.03. The stock has a market capitalization of $895.03 million, a PE ratio of 25.99 and a beta of 1.03.

iShares ESG MSCI USA Leaders ETF Cuts Dividend

The business also recently disclosed a dividend, which was paid on Friday, March 21st. Stockholders of record on Tuesday, March 18th were given a dividend of $0.2676 per share. The ex-dividend date was Tuesday, March 18th.

Institutional Trading of iShares ESG MSCI USA Leaders ETF

A number of institutional investors and hedge funds have recently bought and sold shares of SUSL. Principal Financial Group Inc. grew its position in shares of iShares ESG MSCI USA Leaders ETF by 16.0% during the third quarter. Principal Financial Group Inc. now owns 99,958 shares of the company’s stock valued at $10,148,000 after purchasing an additional 13,791 shares in the last quarter. Ridgeline Wealth LLC bought a new stake in iShares ESG MSCI USA Leaders ETF during the fourth quarter worth approximately $345,000. FMR LLC raised its holdings in iShares ESG MSCI USA Leaders ETF by 15.4% during the 3rd quarter. FMR LLC now owns 341,156 shares of the company’s stock valued at $34,634,000 after buying an additional 45,538 shares during the period. Stifel Financial Corp lifted its position in iShares ESG MSCI USA Leaders ETF by 111.8% in the third quarter. Stifel Financial Corp now owns 8,446 shares of the company’s stock worth $857,000 after buying an additional 4,458 shares during the last quarter. Finally, Jane Street Group LLC purchased a new position in iShares ESG MSCI USA Leaders ETF during the third quarter worth $439,000.

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.