iShares ESG MSCI USA Leaders ETF (NASDAQ:SUSL) Hits New 12-Month High – Time to Buy?

Shares of iShares ESG MSCI USA Leaders ETF (NASDAQ:SUSL) reached a new 52-week high during trading on Thursday . The company traded as high as $113.70 and last traded at $113.65, with a volume of 22496 shares. The stock had previously closed at $113.37.

iShares ESG MSCI USA Leaders ETF Trading Up 0.2%

The stock’s fifty day moving average price is $110.31 and its 200 day moving average price is $103.00. The stock has a market cap of $983.07 million, a P/E ratio of 27.42 and a beta of 1.00.

iShares ESG MSCI USA Leaders ETF Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, June 20th. Investors of record on Monday, June 16th were paid a $0.2635 dividend. This is a boost from iShares ESG MSCI USA Leaders ETF’s previous quarterly dividend of $0.22. This represents a $1.05 dividend on an annualized basis and a yield of 0.9%. The ex-dividend date of this dividend was Monday, June 16th.

Hedge Funds Weigh In On iShares ESG MSCI USA Leaders ETF

A number of hedge funds and other institutional investors have recently modified their holdings of SUSL. Mercer Global Advisors Inc. ADV raised its holdings in shares of iShares ESG MSCI USA Leaders ETF by 3.3% during the 4th quarter. Mercer Global Advisors Inc. ADV now owns 853,156 shares of the company’s stock valued at $87,909,000 after buying an additional 26,953 shares in the last quarter. Royal Bank of Canada grew its position in iShares ESG MSCI USA Leaders ETF by 0.5% during the first quarter. Royal Bank of Canada now owns 350,504 shares of the company’s stock valued at $33,581,000 after acquiring an additional 1,857 shares during the last quarter. Wealth Enhancement Advisory Services LLC raised its stake in shares of iShares ESG MSCI USA Leaders ETF by 0.5% during the second quarter. Wealth Enhancement Advisory Services LLC now owns 241,388 shares of the company’s stock worth $26,425,000 after acquiring an additional 1,205 shares in the last quarter. Allworth Financial LP raised its stake in shares of iShares ESG MSCI USA Leaders ETF by 0.7% during the second quarter. Allworth Financial LP now owns 189,743 shares of the company’s stock worth $20,559,000 after acquiring an additional 1,393 shares in the last quarter. Finally, Ellevest Inc. lifted its holdings in shares of iShares ESG MSCI USA Leaders ETF by 7.1% in the 2nd quarter. Ellevest Inc. now owns 127,760 shares of the company’s stock worth $13,843,000 after acquiring an additional 8,424 shares during 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.