iShares MSCI USA ESG Select ETF (NYSEARCA:SUSA) Sets New 52-Week High – Here’s Why

iShares MSCI USA ESG Select ETF (NYSEARCA:SUSA) shares reached a new 52-week high during trading on Tuesday . The stock traded as high as $156.00 and last traded at $156.00, with a volume of 896 shares. The stock had previously closed at $155.12.

iShares MSCI USA ESG Select ETF Stock Performance

The firm has a market capitalization of $4.10 billion, a price-to-earnings ratio of -281.34 and a beta of 1.06. The company has a 50-day moving average price of $153.13 and a 200-day moving average price of $145.05.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently modified their holdings of SUSA. Financial Life Planners acquired a new position in iShares MSCI USA ESG Select ETF during the first quarter worth $25,000. Armor Investment Advisors LLC purchased a new stake in shares of iShares MSCI USA ESG Select ETF during the fourth quarter worth about $36,000. Basepoint Wealth LLC acquired a new stake in shares of iShares MSCI USA ESG Select ETF during the fourth quarter worth $53,000. Blue Trust Inc. purchased a new stake in iShares MSCI USA ESG Select ETF in the 4th quarter valued at about $54,000. Finally, Evelyn Partners Investment Management Europe Ltd grew its stake in shares of iShares MSCI USA ESG Select ETF by 613.3% during the 1st quarter. Evelyn Partners Investment Management Europe Ltd now owns 428 shares of the company’s stock valued at $57,000 after buying an additional 368 shares during the period.

iShares MSCI USA ESG Select ETF Company Profile

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.