iShares ESG MSCI USA Leaders ETF (NASDAQ:SUSL) Trading Up 0.9% – Still a Buy?

iShares ESG MSCI USA Leaders ETF (NASDAQ:SUSL)’s stock price traded up 0.9% during mid-day trading on Tuesday . The company traded as high as $121.71 and last traded at $121.71. 11,122 shares changed hands during trading, a decline of 71% from the average session volume of 38,906 shares. The stock had previously closed at $120.59.

iShares ESG MSCI USA Leaders ETF Stock Down 1.0%

The firm has a market capitalization of $1.03 billion, a P/E ratio of 27.42 and a beta of 1.03. The company has a fifty day simple moving average of $122.31 and a 200 day simple moving average of $118.88.

iShares ESG MSCI USA Leaders ETF Increases Dividend

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

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently made changes to their positions in the company. Navalign LLC purchased a new position in iShares ESG MSCI USA Leaders ETF in the 4th quarter worth approximately $33,000. Triumph Capital Management bought a new stake in shares of iShares ESG MSCI USA Leaders ETF in the 3rd quarter worth $42,000. First Horizon Advisors Inc. bought a new stake in shares of iShares ESG MSCI USA Leaders ETF in the 2nd quarter worth $46,000. Turning Point Benefit Group Inc. purchased a new position in shares of iShares ESG MSCI USA Leaders ETF in the fourth quarter worth $47,000. Finally, Clean Yield Group bought a new position in shares of iShares ESG MSCI USA Leaders ETF during the third quarter valued at $53,000.

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.