iShares ESG MSCI USA Leaders ETF (NASDAQ:SUSL) Hits New 1-Year High – What’s Next?

iShares ESG MSCI USA Leaders ETF (NASDAQ:SUSL) shares hit a new 52-week high during mid-day trading on Tuesday . The stock traded as high as $122.36 and last traded at $122.4490, with a volume of 8799 shares changing hands. The stock had previously closed at $121.91.

iShares ESG MSCI USA Leaders ETF Trading Up 0.5%

The firm’s 50-day moving average price is $119.55 and its 200 day moving average price is $114.41. The company has a market cap of $1.02 billion, a price-to-earnings ratio of 27.42 and a beta of 1.03.

iShares ESG MSCI USA Leaders ETF Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, December 19th. Stockholders of record on Tuesday, December 16th were issued a dividend of $0.355 per share. This is an increase from iShares ESG MSCI USA Leaders ETF’s previous quarterly dividend of $0.31. This represents a $1.42 annualized dividend and a dividend yield of 1.2%. The ex-dividend date was Tuesday, December 16th.

Institutional Inflows and Outflows

A number of institutional investors have recently added to or reduced their stakes in SUSL. Allworth Financial LP grew its stake in iShares ESG MSCI USA Leaders ETF by 3.8% in the third quarter. Allworth Financial LP now owns 196,901 shares of the company’s stock valued at $23,046,000 after acquiring an additional 7,158 shares during the period. Advisory Services Network LLC acquired a new stake in iShares ESG MSCI USA Leaders ETF in the 3rd quarter valued at $165,000. Triumph Capital Management bought a new stake in iShares ESG MSCI USA Leaders ETF during the 3rd quarter valued at $42,000. Susquehanna International Group LLP acquired a new position in iShares ESG MSCI USA Leaders ETF during the third quarter worth $319,000. Finally, Northwestern Mutual Wealth Management Co. lifted its stake in shares of iShares ESG MSCI USA Leaders ETF by 3.6% in the third quarter. Northwestern Mutual Wealth Management Co. now owns 23,352 shares of the company’s stock valued at $2,733,000 after buying an additional 806 shares in the last quarter.

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.