iShares MSCI USA ESG Select ETF (NYSEARCA:SUSA) Sees Large Volume Increase – Time to Buy?

Shares of iShares MSCI USA ESG Select ETF (NYSEARCA:SUSA) saw an uptick in trading volume on Tuesday. Approximately 174,166 shares traded hands during mid-day trading, an increase of 260% from the previous session’s volume of 48,358 shares. The stock last traded at $159.20 and had previously closed at $158.31.

iShares MSCI USA ESG Select ETF Price Performance

The company has a market capitalization of $4.14 billion, a price-to-earnings ratio of -285.73 and a beta of 1.06. The business has a fifty day moving average price of $156.94 and a 200 day moving average price of $150.65.

Institutional Trading of iShares MSCI USA ESG Select ETF

A number of hedge funds have recently bought and sold shares of SUSA. Parallel Advisors LLC raised its holdings in shares of iShares MSCI USA ESG Select ETF by 17.9% in the first quarter. Parallel Advisors LLC now owns 500 shares of the company’s stock worth $66,000 after buying an additional 76 shares during the period. Excelsior Advisor Network LLC boosted its holdings in iShares MSCI USA ESG Select ETF by 3.5% during the 1st quarter. Excelsior Advisor Network LLC now owns 2,608 shares of the company’s stock valued at $345,000 after acquiring an additional 87 shares during the period. Pathway Financial Advisors LLC grew its position in iShares MSCI USA ESG Select ETF by 5.9% in the 2nd quarter. Pathway Financial Advisors LLC now owns 1,869 shares of the company’s stock valued at $288,000 after acquiring an additional 104 shares during the last quarter. Family Manage LLC grew its position in iShares MSCI USA ESG Select ETF by 6.6% in the 1st quarter. Family Manage LLC now owns 1,798 shares of the company’s stock valued at $238,000 after acquiring an additional 112 shares during the last quarter. Finally, Waverly Advisors LLC increased its stake in iShares MSCI USA ESG Select ETF by 2.2% in the second quarter. Waverly Advisors LLC now owns 7,028 shares of the company’s stock worth $1,084,000 after purchasing an additional 152 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.