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

Shares of iShares ESG MSCI USA Leaders ETF (NASDAQ:SUSL) saw strong trading volume on Tuesday . 213,725 shares were traded during mid-day trading, an increase of 431% from the previous session’s volume of 40,281 shares.The stock last traded at $121.2950 and had previously closed at $123.25.

iShares ESG MSCI USA Leaders ETF Price Performance

The company has a 50 day simple moving average of $121.97 and a 200-day simple moving average of $117.72. The firm has a market cap of $1.03 billion, a PE ratio of 27.42 and a beta of 1.03.

iShares ESG MSCI USA Leaders ETF Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, December 19th. Investors of record on Tuesday, December 16th were paid a $0.355 dividend. This represents a $1.42 annualized dividend and a dividend yield of 1.2%. The ex-dividend date was Tuesday, December 16th. This is a positive change from iShares ESG MSCI USA Leaders ETF’s previous quarterly dividend of $0.31.

Institutional Trading of iShares ESG MSCI USA Leaders ETF

A number of institutional investors and hedge funds have recently modified their holdings of SUSL. Jones Financial Companies Lllp boosted its holdings in shares of iShares ESG MSCI USA Leaders ETF by 253.6% in the first quarter. Jones Financial Companies Lllp now owns 3,865 shares of the company’s stock worth $370,000 after buying an additional 2,772 shares during the last quarter. Wealthcare Advisory Partners LLC grew its holdings in shares of iShares ESG MSCI USA Leaders ETF by 11.6% in the second quarter. Wealthcare Advisory Partners LLC now owns 7,538 shares of the company’s stock valued at $817,000 after purchasing an additional 786 shares in the last quarter. Duncan Williams Asset Management LLC purchased a new position in iShares ESG MSCI USA Leaders ETF in the second quarter worth about $2,099,000. Relyea Zuckerberg Hanson LLC bought a new stake in iShares ESG MSCI USA Leaders ETF in the second quarter worth $511,000. Finally, CWM LLC raised its holdings in shares of iShares ESG MSCI USA Leaders ETF by 22.5% in the second quarter. CWM LLC now owns 850 shares of the company’s stock worth $92,000 after buying an additional 156 shares during the period.

iShares ESG MSCI USA Leaders ETF Company Profile

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.