iShares ESG MSCI KLD 400 ETF (NYSEARCA:DSI) Sees Large Volume Increase – Still a Buy?

iShares ESG MSCI KLD 400 ETF (NYSEARCA:DSI) shares saw strong trading volume on Thursday . 294,310 shares were traded during trading, an increase of 112% from the previous session’s volume of 138,735 shares.The stock last traded at $138.22 and had previously closed at $140.51.

iShares ESG MSCI KLD 400 ETF Stock Down 1.9%

The company has a 50 day moving average price of $141.33 and a 200-day moving average price of $133.47. The company has a market cap of $5.18 billion, a P/E ratio of 26.56 and a beta of 1.07.

Institutional Inflows and Outflows

Hedge funds have recently added to or reduced their stakes in the business. Commonwealth Retirement Investments LLC acquired a new stake in iShares ESG MSCI KLD 400 ETF during the 4th quarter worth about $31,000. IFP Advisors Inc grew its stake in iShares ESG MSCI KLD 400 ETF by 96.5% in the fourth quarter. IFP Advisors Inc now owns 277 shares of the company’s stock valued at $36,000 after purchasing an additional 136 shares in the last quarter. Financial Life Planners bought a new stake in shares of iShares ESG MSCI KLD 400 ETF in the 1st quarter valued at approximately $36,000. Gerber Kawasaki Wealth & Investment Management acquired a new position in shares of iShares ESG MSCI KLD 400 ETF during the 4th quarter worth $41,000. Finally, Qube Research & Technologies Ltd increased its position in iShares ESG MSCI KLD 400 ETF by 1,222.6% during the third quarter. Qube Research & Technologies Ltd now owns 410 shares of the company’s stock worth $52,000 after buying an additional 379 shares during the last quarter.

iShares ESG MSCI KLD 400 ETF Company Profile

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.