iShares MSCI USA ESG Select ETF (NYSEARCA:SUSA) Sets New 52-Week High – Time to Buy?

iShares MSCI USA ESG Select ETF (NYSEARCA:SUSA) shares hit a new 52-week high during trading on Wednesday . The company traded as high as $147.51 and last traded at $147.29, with a volume of 22060 shares changing hands. The stock had previously closed at $145.65.

iShares MSCI USA ESG Select ETF Stock Up 1.1%

The company has a market capitalization of $3.86 billion, a PE ratio of -264.11 and a beta of 1.06. The stock has a 50-day moving average of $137.95 and a 200 day moving average of $138.97.

Institutional Trading of iShares MSCI USA ESG Select ETF

A number of institutional investors and hedge funds have recently modified their holdings of the business. PNC Financial Services Group Inc. grew 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 purchasing 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% during the fourth quarter. Royal Bank of Canada now owns 633,422 shares of the company’s stock valued at $88,263,000 after purchasing an additional 92,759 shares during the period. Northwestern Mutual Wealth Management Co. grew its holdings in iShares MSCI USA ESG Select ETF by 696.9% during the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 532,734 shares of the company’s stock valued at $74,236,000 after purchasing an additional 465,886 shares during the period. M&T Bank Corp grew its holdings in iShares MSCI USA ESG Select ETF by 3.7% during the third quarter. M&T Bank Corp now owns 522,356 shares of the company’s stock valued at $70,858,000 after purchasing an additional 18,707 shares during the period. Finally, IMA Advisory Services Inc. grew its holdings in iShares MSCI USA ESG Select ETF by 8.4% during the third quarter. IMA Advisory Services Inc. now owns 517,615 shares of the company’s stock valued at $70,214,000 after purchasing an additional 39,978 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.