iShares MSCI USA ESG Select ETF (NYSEARCA:SUSA) Sets New 12-Month High – Time to Buy?

iShares MSCI USA ESG Select ETF (NYSEARCA:SUSA)’s stock price hit a new 52-week high on Thursday . The stock traded as high as $153.06 and last traded at $152.79, with a volume of 9985 shares changing hands. The stock had previously closed at $152.15.

iShares MSCI USA ESG Select ETF Stock Up 0.9%

The firm has a fifty day moving average price of $141.86 and a two-hundred day moving average price of $140.37. The stock has a market capitalization of $4.02 billion, a P/E ratio of -275.17 and a beta of 1.06.

Hedge Funds Weigh In On iShares MSCI USA ESG Select ETF

Institutional investors and hedge funds have recently modified their holdings of the stock. Brighton Jones LLC bought a new stake in iShares MSCI USA ESG Select ETF in the 4th quarter worth about $678,000. Jane Street Group LLC bought a new stake in iShares MSCI USA ESG Select ETF in the 1st quarter worth about $1,157,000. Cerity Partners LLC increased its holdings in iShares MSCI USA ESG Select ETF by 1.6% in the 2nd quarter. Cerity Partners LLC now owns 29,351 shares of the company’s stock worth $3,720,000 after buying an additional 457 shares in the last quarter. Connecticut Wealth Management LLC increased its holdings in iShares MSCI USA ESG Select ETF by 7.8% in the 2nd quarter. Connecticut Wealth Management LLC now owns 3,082 shares of the company’s stock worth $391,000 after buying an additional 223 shares in the last quarter. Finally, EP Wealth Advisors LLC increased its holdings in iShares MSCI USA ESG Select ETF by 6.2% in the 2nd quarter. EP Wealth Advisors LLC now owns 5,035 shares of the company’s stock worth $638,000 after buying an additional 294 shares in the last quarter.

About iShares MSCI USA ESG Select ETF

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.