iShares MSCI USA ESG Select ETF (NYSEARCA:SUSA) Sees Large Decrease in Short Interest

iShares MSCI USA ESG Select ETF (NYSEARCA:SUSA) was the recipient of a large decline in short interest in the month of July. As of July 15th, there was short interest totaling 14,325 shares, a decline of 44.5% from the June 30th total of 25,803 shares. Based on an average daily volume of 32,257 shares, the short-interest ratio is presently 0.4 days. Currently, 0.1% of the company’s shares are short sold.

Institutional Trading of iShares MSCI USA ESG Select ETF

Several institutional investors and hedge funds have recently made changes to their positions in SUSA. Financial Life Planners bought a new position in shares of iShares MSCI USA ESG Select ETF in the first quarter worth about $25,000. Armor Investment Advisors LLC bought a new stake in shares of iShares MSCI USA ESG Select ETF during the fourth quarter valued at approximately $36,000. Basepoint Wealth LLC purchased a new stake in shares of iShares MSCI USA ESG Select ETF in the fourth quarter valued at approximately $53,000. Blue Trust Inc. bought a new position in iShares MSCI USA ESG Select ETF in the fourth quarter worth approximately $54,000. Finally, Evelyn Partners Investment Management Europe Ltd grew its stake in iShares MSCI USA ESG Select ETF by 613.3% in the first quarter. Evelyn Partners Investment Management Europe Ltd now owns 428 shares of the company’s stock worth $57,000 after purchasing an additional 368 shares in the last quarter.

iShares MSCI USA ESG Select ETF Stock Up 0.2%

iShares MSCI USA ESG Select ETF stock traded up $0.30 during midday trading on Friday, reaching $153.16. The stock had a trading volume of 32,966 shares, compared to its average volume of 51,702. The firm has a market cap of $4.01 billion, a price-to-earnings ratio of -274.63 and a beta of 1.06. iShares MSCI USA ESG Select ETF has a 52-week low of $126.12 and a 52-week high of $155.87. The company has a fifty day moving average of $153.02 and a 200 day moving average of $144.88.

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.