iShares ESG MSCI USA Leaders ETF (NASDAQ:SUSL) Sets New 12-Month High – Time to Buy?

iShares ESG MSCI USA Leaders ETF (NASDAQ:SUSL) reached a new 52-week high on Wednesday . The stock traded as high as $128.83 and last traded at $128.83, with a volume of 1866 shares. The stock had previously closed at $126.44.

iShares ESG MSCI USA Leaders ETF Stock Performance

The stock has a fifty day simple moving average of $119.56 and a two-hundred day simple moving average of $120.54. The stock has a market cap of $1.11 billion, a price-to-earnings ratio of 27.42 and a beta of 1.05.

iShares ESG MSCI USA Leaders ETF Cuts Dividend

The firm also recently announced 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 yield of 0.9%. The ex-dividend date was Tuesday, March 17th.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently made changes to their positions in the stock. Trilogy Capital Inc. bought a new stake in shares of iShares ESG MSCI USA Leaders ETF during the 1st quarter valued at approximately $8,869,000. Xena Financial Planning LLC bought a new position in iShares ESG MSCI USA Leaders ETF in the 4th quarter valued at approximately $5,060,000. Raymond James Financial Inc. boosted its position in iShares ESG MSCI USA Leaders ETF by 284.0% in 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 in the last quarter. Wealth Enhancement Advisory Services LLC grew its stake in shares of iShares ESG MSCI USA Leaders ETF by 3.9% during the fourth quarter. Wealth Enhancement Advisory Services LLC now owns 254,439 shares of the company’s stock worth $31,258,000 after buying an additional 9,577 shares during the last quarter. Finally, Sequoia Financial Advisors LLC bought a new stake in shares of iShares ESG MSCI USA Leaders ETF during the third quarter worth $1,018,000.

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.