iShares ESG MSCI KLD 400 ETF (NYSEARCA:DSI) Hits New 1-Year High – Still a Buy?

iShares ESG MSCI KLD 400 ETF (NYSEARCA:DSI)’s stock price reached a new 52-week high during mid-day trading on Thursday . The stock traded as high as $131.81 and last traded at $131.61, with a volume of 13741 shares. The stock had previously closed at $130.75.

iShares ESG MSCI KLD 400 ETF Stock Performance

The firm has a 50-day moving average price of $128.49 and a two-hundred day moving average price of $124.69. The firm has a market cap of $5.22 billion, a price-to-earnings ratio of 26.56 and a beta of 1.05.

Institutional Investors Weigh In On iShares ESG MSCI KLD 400 ETF

Several hedge funds and other institutional investors have recently bought and sold shares of the stock. JPMorgan Chase & Co. grew its holdings in shares of iShares ESG MSCI KLD 400 ETF by 3.8% during the third quarter. JPMorgan Chase & Co. now owns 1,241,260 shares of the company’s stock worth $156,337,000 after purchasing an additional 45,045 shares during the last quarter. Gilbert Capital Group Inc. purchased a new position in iShares ESG MSCI KLD 400 ETF during the 2nd quarter worth approximately $5,176,000. Bank of New York Mellon Corp grew its stake in iShares ESG MSCI KLD 400 ETF by 3.5% during the 2nd quarter. Bank of New York Mellon Corp now owns 1,148,473 shares of the company’s stock worth $133,407,000 after buying an additional 38,420 shares during the last quarter. Thrivent Financial for Lutherans increased its position in iShares ESG MSCI KLD 400 ETF by 80.5% during the third quarter. Thrivent Financial for Lutherans now owns 79,771 shares of the company’s stock worth $10,047,000 after buying an additional 35,581 shares during the period. Finally, Focus Partners Wealth lifted its stake in iShares ESG MSCI KLD 400 ETF by 25.5% in the third quarter. Focus Partners Wealth now owns 102,267 shares of the company’s stock valued at $13,032,000 after buying an additional 20,772 shares during the last quarter.

About iShares ESG MSCI KLD 400 ETF

iShares MSCI KLD 400 Social Index Fund (the Fund), formerly iShares FTSE KLD 400 Social Index Fund, seeks to provide investment results that correspond generally to the price and yield performance of the MSCI KLD 400 Social Index (the Index). The Index is a free float-adjusted market capitalization index designed to measure the equity performance of the United States companies. The Index consists of approximately 400 companies identified by MSCI from the universe of companies included in the MSCI USA IMI Index, which consists of the New York Stock Exchange (NYSE) and NASDAQ Stock Market LLC listed United States equities.