iShares ESG MSCI USA Leaders ETF (NASDAQ:SUSL) Sees Large Volume Increase – Time to Buy?

Shares of iShares ESG MSCI USA Leaders ETF (NASDAQ:SUSL) saw unusually-high trading volume on Wednesday . Approximately 163,098 shares changed hands during mid-day trading, an increase of 323% from the previous session’s volume of 38,513 shares.The stock last traded at $123.0430 and had previously closed at $123.55.

iShares ESG MSCI USA Leaders ETF Price Performance

The stock has a 50-day moving average price of $120.67 and a 200 day moving average price of $116.32. The company has a market cap of $1.05 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. Investors of record on Tuesday, December 16th were issued a dividend of $0.355 per share. The ex-dividend date was Tuesday, December 16th. This is a positive change from iShares ESG MSCI USA Leaders ETF’s previous quarterly dividend of $0.31. This represents a $1.42 annualized dividend and a yield of 1.2%.

Hedge Funds Weigh In On iShares ESG MSCI USA Leaders ETF

A number of large investors have recently modified their holdings of SUSL. Wealth Enhancement Advisory Services LLC grew its stake in iShares ESG MSCI USA Leaders ETF by 3.9% in the fourth quarter. Wealth Enhancement Advisory Services LLC now owns 254,439 shares of the company’s stock valued at $31,258,000 after purchasing an additional 9,577 shares in the last quarter. Allworth Financial LP lifted its stake in iShares ESG MSCI USA Leaders ETF by 3.8% in the third quarter. Allworth Financial LP now owns 196,901 shares of the company’s stock valued at $23,046,000 after acquiring an additional 7,158 shares during the last quarter. Ellevest Inc. grew its position 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 valued at $13,843,000 after acquiring an additional 8,424 shares during the period. Cliftonlarsonallen Wealth Advisors LLC raised its holdings in shares of iShares ESG MSCI USA Leaders ETF by 1.2% in the 3rd quarter. Cliftonlarsonallen Wealth Advisors LLC now owns 81,004 shares of the company’s stock valued at $9,481,000 after purchasing an additional 991 shares during the period. Finally, Pathstone Holdings LLC lifted its stake in iShares ESG MSCI USA Leaders ETF by 1.2% in the 3rd quarter. Pathstone Holdings LLC now owns 78,232 shares of the company’s stock valued at $9,157,000 after purchasing an additional 900 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.