Short Interest in iShares MSCI USA ESG Select ETF (NYSEARCA:SUSA) Drops By 37.6%

iShares MSCI USA ESG Select ETF (NYSEARCA:SUSA) was the target of a significant decrease in short interest during the month of July. As of July 31st, there was short interest totaling 8,937 shares, a decrease of 37.6% from the July 15th total of 14,325 shares. Approximately 0.0% of the company’s stock are sold short. Based on an average daily trading volume, of 44,022 shares, the days-to-cover ratio is currently 0.2 days.

iShares MSCI USA ESG Select ETF Stock Down 0.6%

Shares of NYSEARCA SUSA traded down $0.96 during trading hours on Tuesday, hitting $158.12. 22,715 shares of the stock were exchanged, compared to its average volume of 50,684. The firm has a fifty day moving average price of $154.20 and a 200-day moving average price of $146.27. iShares MSCI USA ESG Select ETF has a 12 month low of $128.09 and a 12 month high of $160.35. The company has a market cap of $4.16 billion, a PE ratio of -283.52 and a beta of 1.06.

Institutional Investors Weigh In On iShares MSCI USA ESG Select ETF

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in SUSA. Win Advisors Inc. acquired a new stake in iShares MSCI USA ESG Select ETF in the 4th quarter worth approximately $474,000. Legacy Edge Advisors LLC acquired a new position in iShares MSCI USA ESG Select ETF during the 4th quarter valued at approximately $997,000. Aprio Wealth Management LLC raised its holdings in shares of iShares MSCI USA ESG Select ETF by 87.7% in the fourth quarter. Aprio Wealth Management LLC now owns 33,207 shares of the company’s stock worth $4,627,000 after buying an additional 15,516 shares during the last quarter. Ameritas Advisory Services LLC purchased a new position in shares of iShares MSCI USA ESG Select ETF in the fourth quarter worth $618,000. Finally, Rockefeller Capital Management L.P. lifted its stake in shares of iShares MSCI USA ESG Select ETF by 14.8% during the fourth quarter. Rockefeller Capital Management L.P. now owns 39,240 shares of the company’s stock worth $5,468,000 after buying an additional 5,057 shares during the period.

About iShares MSCI USA ESG Select ETF

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.