iShares ESG MSCI USA Leaders ETF (NASDAQ:SUSL) Hits New 1-Year High – Here’s Why

iShares ESG MSCI USA Leaders ETF (NASDAQ:SUSL) hit a new 52-week high during trading on Monday . The company traded as high as $123.21 and last traded at $122.5590, with a volume of 7189 shares trading hands. The stock had previously closed at $122.92.

iShares ESG MSCI USA Leaders ETF Price Performance

The stock’s 50 day simple moving average is $120.04 and its two-hundred day simple moving average is $114.89. The stock has a market cap of $1.02 billion, a price-to-earnings ratio of 27.42 and a beta of 1.03.

iShares ESG MSCI USA Leaders ETF Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, December 19th. Stockholders of record on Tuesday, December 16th were given a dividend of $0.355 per share. This is an increase from iShares ESG MSCI USA Leaders ETF’s previous quarterly dividend of $0.31. The ex-dividend date was Tuesday, December 16th. This represents a $1.42 annualized dividend and a dividend yield of 1.2%.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Omega Financial Group LLC grew its stake in shares of iShares ESG MSCI USA Leaders ETF by 0.5% in the 2nd quarter. Omega Financial Group LLC now owns 22,327 shares of the company’s stock valued at $2,419,000 after purchasing an additional 112 shares during the period. CWM LLC grew its position in iShares ESG MSCI USA Leaders ETF by 22.5% in the second quarter. CWM LLC now owns 850 shares of the company’s stock valued at $92,000 after acquiring an additional 156 shares during the period. Mariner LLC raised its stake in iShares ESG MSCI USA Leaders ETF by 4.1% during the third quarter. Mariner LLC now owns 4,410 shares of the company’s stock worth $516,000 after acquiring an additional 173 shares in the last quarter. United Asset Strategies Inc. lifted its holdings in shares of iShares ESG MSCI USA Leaders ETF by 4.2% during the second quarter. United Asset Strategies Inc. now owns 4,378 shares of the company’s stock valued at $474,000 after acquiring an additional 176 shares during the period. Finally, Park Avenue Securities LLC boosted its stake in shares of iShares ESG MSCI USA Leaders ETF by 2.6% in the 2nd quarter. Park Avenue Securities LLC now owns 7,031 shares of the company’s stock valued at $762,000 after purchasing an additional 177 shares in the last quarter.

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.