iShares ESG MSCI USA Leaders ETF (NASDAQ:SUSL) Reaches New 52-Week High – Should You Buy?

iShares ESG MSCI USA Leaders ETF (NASDAQ:SUSL) shares hit a new 52-week high during trading on Thursday . The stock traded as high as $126.52 and last traded at $125.49, with a volume of 13372 shares. The stock had previously closed at $125.39.

iShares ESG MSCI USA Leaders ETF Stock Up 1.3%

The company has a fifty day moving average of $118.98 and a 200 day moving average of $120.19. The company has a market cap of $1.08 billion, a P/E ratio of 27.42 and a beta of 1.04.

iShares ESG MSCI USA Leaders ETF Cuts Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, March 20th. Shareholders of record on Tuesday, March 17th were given a $0.2988 dividend. This represents a $1.20 dividend on an annualized basis and a dividend yield of 0.9%. The ex-dividend date was Tuesday, March 17th.

Hedge Funds Weigh In On iShares ESG MSCI USA Leaders ETF

A number of hedge funds have recently made changes to their positions in SUSL. Jones Financial Companies Lllp boosted its stake 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 acquiring an additional 2,772 shares during the period. Cetera Investment Advisers boosted its position in shares of iShares ESG MSCI USA Leaders ETF by 52.3% during the second quarter. Cetera Investment Advisers now owns 6,866 shares of the company’s stock worth $744,000 after acquiring an additional 2,358 shares during the last quarter. Marshall Wace LLP bought a new position in iShares ESG MSCI USA Leaders ETF during the second quarter valued at approximately $334,000. Raymond James Financial Inc. boosted its stake in iShares ESG MSCI USA Leaders ETF by 284.0% during the second quarter. Raymond James Financial Inc. now owns 46,871 shares of the company’s stock valued at $5,078,000 after buying an additional 34,665 shares during the last quarter. Finally, Obsido Oy boosted its stake in iShares ESG MSCI USA Leaders ETF by 2.9% during the second quarter. Obsido Oy now owns 11,647 shares of the company’s stock valued at $1,262,000 after buying an additional 332 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.