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

iShares ESG MSCI USA Leaders ETF (NASDAQ:SUSL)’s stock price reached a new 52-week high during mid-day trading on Thursday . The company traded as high as $133.09 and last traded at $133.09, with a volume of 5603 shares traded. The stock had previously closed at $132.16.

iShares ESG MSCI USA Leaders ETF Stock Up 0.7%

The stock has a 50 day simple moving average of $122.93 and a two-hundred day simple moving average of $121.68. The stock has a market capitalization of $1.13 billion, a P/E ratio of 27.42 and a beta of 1.05.

iShares ESG MSCI USA Leaders ETF Cuts Dividend

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

Hedge Funds Weigh In On iShares ESG MSCI USA Leaders ETF

Hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Royal Bank of Canada grew its position in iShares ESG MSCI USA Leaders ETF by 0.4% during the 1st quarter. Royal Bank of Canada now owns 376,738 shares of the company’s stock worth $42,798,000 after acquiring an additional 1,425 shares during the last quarter. Wealth Enhancement Advisory Services LLC lifted its stake in shares of iShares ESG MSCI USA Leaders ETF by 3.9% in the 4th quarter. Wealth Enhancement Advisory Services LLC now owns 254,439 shares of the company’s stock valued at $31,258,000 after purchasing an additional 9,577 shares during the period. Allworth Financial LP lifted its stake in shares of iShares ESG MSCI USA Leaders ETF by 3.8% in the 3rd quarter. Allworth Financial LP now owns 196,901 shares of the company’s stock valued at $23,046,000 after purchasing an additional 7,158 shares during the period. Ellevest Inc. raised its stake in iShares ESG MSCI USA Leaders ETF by 3.6% during the 4th quarter. Ellevest Inc. now owns 148,459 shares of the company’s stock worth $18,003,000 after buying an additional 5,179 shares during the period. Finally, Cliftonlarsonallen Wealth Advisors LLC raised its stake in iShares ESG MSCI USA Leaders ETF by 2.6% during the 4th quarter. Cliftonlarsonallen Wealth Advisors LLC now owns 83,118 shares of the company’s stock worth $10,079,000 after buying an additional 2,114 shares during the period.

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.