iShares ESG MSCI KLD 400 ETF (NYSEARCA:DSI) Sees Strong Trading Volume – Here’s Why

iShares ESG MSCI KLD 400 ETF (NYSEARCA:DSI) shares saw unusually-strong trading volume on Thursday . 235,854 shares traded hands during trading, an increase of 78% from the previous session’s volume of 132,507 shares.The stock last traded at $148.13 and had previously closed at $146.44.

iShares ESG MSCI KLD 400 ETF Stock Up 1.6%

The stock has a fifty day simple moving average of $142.72 and a 200-day simple moving average of $135.91. The company has a market capitalization of $5.60 billion, a P/E ratio of 26.56 and a beta of 1.07.

Hedge Funds Weigh In On iShares ESG MSCI KLD 400 ETF

Several institutional investors have recently added to or reduced their stakes in the company. Timbuktu Capital Management LLC acquired a new position in iShares ESG MSCI KLD 400 ETF in the second quarter valued at about $25,000. Commonwealth Retirement Investments LLC acquired a new stake in shares of iShares ESG MSCI KLD 400 ETF during the fourth quarter worth approximately $31,000. IFP Advisors Inc raised its stake in shares of iShares ESG MSCI KLD 400 ETF by 96.5% in the fourth quarter. IFP Advisors Inc now owns 277 shares of the company’s stock valued at $36,000 after acquiring an additional 136 shares during the last quarter. Financial Life Planners bought a new position in shares of iShares ESG MSCI KLD 400 ETF in the first quarter valued at approximately $36,000. Finally, First Bancorp Inc ME acquired a new position in shares of iShares ESG MSCI KLD 400 ETF in the 2nd quarter worth approximately $36,000.

About iShares ESG MSCI KLD 400 ETF

iShares MSCI KLD 400 Social Index Fund (the Fund), formerly iShares FTSE KLD 400 Social Index Fund, seeks to provide investment results that correspond generally to the price and yield performance of the MSCI KLD 400 Social Index (the Index). The Index is a free float-adjusted market capitalization index designed to measure the equity performance of the United States companies. The Index consists of approximately 400 companies identified by MSCI from the universe of companies included in the MSCI USA IMI Index, which consists of the New York Stock Exchange (NYSE) and NASDAQ Stock Market LLC listed United States equities.