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

iShares ESG MSCI USA Leaders ETF (NASDAQ:SUSL)’s stock price reached a new 52-week high on Monday . The company traded as high as $134.60 and last traded at $134.60, with a volume of 2902 shares changing hands. The stock had previously closed at $132.92.

iShares ESG MSCI USA Leaders ETF Trading Up 1.7%

The company has a market capitalization of $1.20 billion, a price-to-earnings ratio of 27.42 and a beta of 1.04. The firm’s 50 day simple moving average is $131.77 and its 200-day simple moving average is $125.47.

iShares ESG MSCI USA Leaders ETF Cuts Dividend

The company also recently declared a quarterly dividend, which was paid on Thursday, June 18th. Investors of record on Monday, June 15th were issued a dividend of $0.2852 per share. This represents a $1.14 annualized dividend and a yield of 0.8%. The ex-dividend date of this dividend was Monday, June 15th.

Hedge Funds Weigh In On iShares ESG MSCI USA Leaders ETF

Institutional investors and hedge funds have recently added to or reduced their stakes in the business. SmartHarvest Portfolios LLC acquired a new stake in shares of iShares ESG MSCI USA Leaders ETF in the 4th quarter valued at approximately $564,000. Ellevest Inc. grew its holdings in iShares ESG MSCI USA Leaders ETF by 3.6% during the fourth quarter. Ellevest Inc. now owns 148,459 shares of the company’s stock worth $18,003,000 after acquiring an additional 5,179 shares during the period. Trilogy Capital Inc. purchased a new position in iShares ESG MSCI USA Leaders ETF in the first quarter worth $8,869,000. Pathfinder Wealth Consulting Inc. purchased a new position in iShares ESG MSCI USA Leaders ETF in the fourth quarter worth $569,000. Finally, Robertson Stephens Wealth Management LLC lifted its holdings in iShares ESG MSCI USA Leaders ETF by 13.2% in the fourth quarter. Robertson Stephens Wealth Management LLC now owns 72,632 shares of the company’s stock valued at $8,808,000 after acquiring an additional 8,474 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.