iShares ESG MSCI KLD 400 ETF (NYSEARCA:DSI) Sees Unusually-High Trading Volume – Still a Buy?

Shares of iShares ESG MSCI KLD 400 ETF (NYSEARCA:DSI) saw unusually-high trading volume on Thursday . Approximately 235,854 shares changed hands during mid-day trading, an increase of 78% from the previous session’s volume of 132,507 shares.The stock last traded at $148.13 and had previously closed at $146.44.

iShares ESG MSCI KLD 400 ETF Trading Up 1.6%

The stock has a market cap of $5.60 billion, a P/E ratio of 26.56 and a beta of 1.07. The company’s fifty day simple moving average is $142.72 and its 200-day simple moving average is $135.91.

Institutional Trading of iShares ESG MSCI KLD 400 ETF

A number of institutional investors and hedge funds have recently added to or reduced their stakes in DSI. Timbuktu Capital Management LLC bought a new position in iShares ESG MSCI KLD 400 ETF during the second quarter worth about $25,000. Commonwealth Retirement Investments LLC acquired a new position in shares of iShares ESG MSCI KLD 400 ETF in the 4th quarter worth approximately $31,000. IFP Advisors Inc raised its holdings in shares of iShares ESG MSCI KLD 400 ETF by 96.5% in the 4th quarter. IFP Advisors Inc now owns 277 shares of the company’s stock worth $36,000 after buying an additional 136 shares in the last quarter. Financial Life Planners bought a new position in shares of iShares ESG MSCI KLD 400 ETF during the 1st quarter worth approximately $36,000. Finally, First Bancorp Inc ME bought a new position in shares of iShares ESG MSCI KLD 400 ETF during the 2nd quarter worth approximately $36,000.

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.