iShares MSCI USA ESG Select ETF (NYSEARCA:SUSA) Sets New 52-Week High – Time to Buy?

iShares MSCI USA ESG Select ETF (NYSEARCA:SUSA) shares hit a new 52-week high on Friday . The stock traded as high as $128.28 and last traded at $128.08, with a volume of 17410 shares. The stock had previously closed at $127.92.

iShares MSCI USA ESG Select ETF Price Performance

The firm’s 50 day moving average price is $124.19 and its two-hundred day moving average price is $120.16. The firm has a market cap of $3.55 billion, a price-to-earnings ratio of -229.28 and a beta of 1.02.

Institutional Investors Weigh In On iShares MSCI USA ESG Select ETF

Several hedge funds have recently made changes to their positions in SUSA. CX Institutional acquired a new stake in iShares MSCI USA ESG Select ETF in the 1st quarter worth $27,000. Golden State Wealth Management LLC lifted its holdings in iShares MSCI USA ESG Select ETF by 100.0% during the 1st quarter. Golden State Wealth Management LLC now owns 308 shares of the company’s stock valued at $35,000 after purchasing an additional 154 shares during the last quarter. Integrity Financial Corp WA bought a new position in iShares MSCI USA ESG Select ETF during the 4th quarter valued at about $37,000. Transce3nd LLC bought a new position in iShares MSCI USA ESG Select ETF during the 4th quarter valued at about $41,000. Finally, NBC Securities Inc. bought a new position in iShares MSCI USA ESG Select ETF during the 1st quarter valued at about $47,000.

iShares MSCI USA ESG Select ETF Company Profile

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.