iShares MSCI USA ESG Select ETF (NYSEARCA:SUSA) Sees Significant Drop in Short Interest

iShares MSCI USA ESG Select ETF (NYSEARCA:SUSA) saw a significant drop in short interest in the month of April. As of April 30th, there was short interest totaling 4,215 shares, a drop of 58.6% from the April 15th total of 10,191 shares. Approximately 0.0% of the company’s stock are short sold. Based on an average daily trading volume, of 33,856 shares, the days-to-cover ratio is presently 0.1 days.

iShares MSCI USA ESG Select ETF Stock Down 1.2%

SUSA stock traded down $1.78 during trading on Friday, hitting $149.60. 28,814 shares of the company’s stock traded hands, compared to its average volume of 58,815. The firm has a market capitalization of $3.92 billion, a P/E ratio of -268.25 and a beta of 1.06. The business has a fifty day simple moving average of $139.54 and a two-hundred day simple moving average of $139.70. iShares MSCI USA ESG Select ETF has a 1 year low of $119.50 and a 1 year high of $151.69.

Hedge Funds Weigh In On iShares MSCI USA ESG Select ETF

Several institutional investors have recently bought and sold shares of the business. PNC Financial Services Group Inc. increased its holdings in iShares MSCI USA ESG Select ETF by 3.0% during the fourth quarter. PNC Financial Services Group Inc. now owns 1,095,774 shares of the company’s stock valued at $152,691,000 after buying an additional 31,842 shares during the period. Royal Bank of Canada grew its holdings in iShares MSCI USA ESG Select ETF by 17.2% in the fourth quarter. Royal Bank of Canada now owns 633,422 shares of the company’s stock worth $88,263,000 after purchasing an additional 92,759 shares during the last quarter. Northwestern Mutual Wealth Management Co. grew its holdings in iShares MSCI USA ESG Select ETF by 696.9% in the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 532,734 shares of the company’s stock worth $74,236,000 after purchasing an additional 465,886 shares during the last quarter. IMA Advisory Services Inc. grew its holdings in iShares MSCI USA ESG Select ETF by 1.6% in the first quarter. IMA Advisory Services Inc. now owns 522,494 shares of the company’s stock worth $69,022,000 after purchasing an additional 8,040 shares during the last quarter. Finally, M&T Bank Corp grew its holdings in iShares MSCI USA ESG Select ETF by 3.7% in the third quarter. M&T Bank Corp now owns 522,356 shares of the company’s stock worth $70,858,000 after purchasing an additional 18,707 shares during the last quarter.

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.