iShares MSCI USA ESG Select ETF (NYSEARCA:SUSA) Short Interest Down 58.6% in April

iShares MSCI USA ESG Select ETF (NYSEARCA:SUSA) saw a significant drop in short interest in the month of April. As of April 30th, there was short interest totaling 4,215 shares, a drop of 58.6% from the April 15th total of 10,191 shares. Approximately 0.0% of the company’s stock are short sold. Based on an average daily volume of 33,856 shares, the short-interest ratio is currently 0.1 days.

iShares MSCI USA ESG Select ETF Stock Down 1.2%

Shares of NYSEARCA SUSA traded down $1.78 during trading on Friday, reaching $149.60. 28,814 shares of the stock were exchanged, compared to its average volume of 58,815. The company has a market capitalization of $3.92 billion, a price-to-earnings ratio of -268.25 and a beta of 1.06. The business’s 50-day moving average price is $139.54 and its 200 day moving average price is $139.70. iShares MSCI USA ESG Select ETF has a twelve month low of $119.50 and a twelve month high of $151.69.

Hedge Funds Weigh In On iShares MSCI USA ESG Select ETF

A number of institutional investors have recently added to or reduced their stakes in SUSA. Northwestern Mutual Wealth Management Co. grew its stake in shares of 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 acquiring an additional 465,886 shares in the last quarter. Royal Bank of Canada lifted its stake in shares of iShares MSCI USA ESG Select ETF by 17.2% in the fourth quarter. Royal Bank of Canada now owns 633,422 shares of the company’s stock worth $88,263,000 after acquiring an additional 92,759 shares in the last quarter. Mercer Global Advisors Inc. ADV boosted its holdings in iShares MSCI USA ESG Select ETF by 44.6% in the third quarter. Mercer Global Advisors Inc. ADV now owns 298,212 shares of the company’s stock valued at $40,452,000 after purchasing an additional 91,997 shares during the last quarter. Quent Long Short Global Small Cap Fund LP purchased a new position in iShares MSCI USA ESG Select ETF in the fourth quarter valued at about $12,776,000. Finally, Elevation Capital Advisory LLC acquired a new stake in iShares MSCI USA ESG Select ETF during the 3rd quarter valued at approximately $6,826,000.

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.