iShares MSCI USA ESG Select ETF (NYSEARCA:SUSA) Hits New 1-Year High – Time to Buy?

iShares MSCI USA ESG Select ETF (NYSEARCA:SUSA) shares hit a new 52-week high during mid-day trading on Tuesday . The stock traded as high as $141.60 and last traded at $141.60, with a volume of 56899 shares trading hands. The stock had previously closed at $140.59.

iShares MSCI USA ESG Select ETF Trading Up 0.8%

The stock has a market capitalization of $3.83 billion, a PE ratio of -254.06 and a beta of 1.05. The firm’s 50-day moving average price is $138.97 and its 200-day moving average price is $134.00.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently modified their holdings of SUSA. Investors Research Corp raised its holdings in shares of iShares MSCI USA ESG Select ETF by 13.8% in the fourth quarter. Investors Research Corp now owns 817 shares of the company’s stock worth $114,000 after buying an additional 99 shares during the last quarter. GoalVest Advisory LLC grew its holdings in iShares MSCI USA ESG Select ETF by 10.7% in the fourth quarter. GoalVest Advisory LLC now owns 15,629 shares of the company’s stock valued at $2,178,000 after purchasing an additional 1,506 shares during the period. GAMMA Investing LLC acquired a new position in iShares MSCI USA ESG Select ETF during the fourth quarter worth $102,000. Investment Research Partners LLC purchased a new stake in iShares MSCI USA ESG Select ETF during the 3rd quarter worth approximately $418,000. Finally, Cambria Investment Management L.P. purchased a new position in iShares MSCI USA ESG Select ETF in the 3rd quarter valued at $258,000.

iShares MSCI USA ESG Select ETF Company Profile

The iShares MSCI USA ESG Select ETF (SUSA) is an exchange-traded fund that is based on the MSCI USA Extended ESG Select index. The fund tracks an index of US companies with high environmental, social and governance (ESG) factor scores as calculated by MSCI. SUSA was launched on Jan 24, 2005 and is managed by BlackRock.