iShares MSCI USA ESG Select ETF (NYSEARCA:SUSA) Sees Large Drop in Short Interest

iShares MSCI USA ESG Select ETF (NYSEARCA:SUSA) was the recipient of a large decrease in short interest in April. As of April 30th, there was short interest totaling 4,215 shares, a decrease of 58.6% from the April 15th total of 10,191 shares. Based on an average daily trading volume, of 33,856 shares, the days-to-cover ratio is currently 0.1 days. Currently, 0.0% of the shares of the stock are short sold.

Institutional Investors Weigh In On iShares MSCI USA ESG Select ETF

A number of institutional investors and hedge funds have recently bought and sold shares of SUSA. Brighton Jones LLC acquired a new position in iShares MSCI USA ESG Select ETF in the 4th quarter valued at about $678,000. Jane Street Group LLC acquired a new position in iShares MSCI USA ESG Select ETF in the 1st quarter valued at about $1,157,000. Cerity Partners LLC raised its stake 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 valued at $3,720,000 after purchasing an additional 457 shares during the last quarter. Connecticut Wealth Management LLC raised its stake 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 valued at $391,000 after purchasing an additional 223 shares during the last quarter. Finally, EP Wealth Advisors LLC raised its stake 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 valued at $638,000 after purchasing an additional 294 shares during the last quarter.

iShares MSCI USA ESG Select ETF Stock Performance

SUSA stock opened at $149.60 on Friday. iShares MSCI USA ESG Select ETF has a 1 year low of $119.50 and a 1 year high of $151.69. The stock’s 50 day moving average price is $139.54 and its 200 day moving average price is $139.70. The firm has a market cap of $3.92 billion, a P/E ratio of -268.25 and a beta of 1.06.

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.