iShares ESG MSCI USA Leaders ETF (NASDAQ:SUSL) Sees Large Volume Increase – Still a Buy?

Shares of iShares ESG MSCI USA Leaders ETF (NASDAQ:SUSL) saw strong trading volume on Friday . 308,515 shares traded hands during mid-day trading, an increase of 931% from the previous session’s volume of 29,933 shares.The stock last traded at $116.67 and had previously closed at $116.48.

iShares ESG MSCI USA Leaders ETF Price Performance

The stock has a market cap of $932.46 million, a P/E ratio of 27.42 and a beta of 1.00. The company has a 50 day simple moving average of $114.72 and a 200-day simple moving average of $106.96.

iShares ESG MSCI USA Leaders ETF Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, September 19th. Stockholders of record on Tuesday, September 16th were paid a dividend of $0.3091 per share. This represents a $1.24 dividend on an annualized basis and a dividend yield of 1.1%. This is an increase from iShares ESG MSCI USA Leaders ETF’s previous quarterly dividend of $0.26. The ex-dividend date of this dividend was Tuesday, September 16th.

Hedge Funds Weigh In On iShares ESG MSCI USA Leaders ETF

A number of hedge funds have recently modified their holdings of the company. First Horizon Advisors Inc. purchased a new position in iShares ESG MSCI USA Leaders ETF during the 2nd quarter valued at $46,000. Angeles Wealth Management LLC purchased a new stake in shares of iShares ESG MSCI USA Leaders ETF during the second quarter valued at approximately $61,000. CWM LLC raised its stake in shares of iShares ESG MSCI USA Leaders ETF by 143.5% in the first quarter. CWM LLC now owns 694 shares of the company’s stock worth $66,000 after purchasing an additional 409 shares during the last quarter. Financial Network Wealth Advisors LLC purchased a new stake in shares of iShares ESG MSCI USA Leaders ETF during the 1st quarter valued at about $67,000. Finally, PNC Financial Services Group Inc. raised its stake in iShares ESG MSCI USA Leaders ETF by 35.3% during the 2nd quarter. PNC Financial Services Group Inc. now owns 985 shares of the company’s stock valued at $107,000 after buying an additional 257 shares during the last quarter.

About iShares ESG MSCI USA Leaders ETF

The iShares ESG MSCI USA Leaders ETF (SUSL) is an exchange-traded fund that is based on the MSCI USA Extended ESG Leaders index. The fund tracks an index of US large- and mid-cap firms with the highest ESG ratings, weighted by market-cap within each sector buckets. SUSL was launched on May 7, 2019 and is managed by BlackRock.