iShares MSCI USA ESG Select ETF (NYSEARCA:SUSA) Sees Strong Trading Volume – Here’s Why

iShares MSCI USA ESG Select ETF (NYSEARCA:SUSA) saw unusually-strong trading volume on Thursday . Approximately 292,450 shares were traded during mid-day trading, an increase of 173% from the previous session’s volume of 107,012 shares.The stock last traded at $122.32 and had previously closed at $122.36.

iShares MSCI USA ESG Select ETF Stock Performance

The company’s fifty day moving average is $123.67 and its 200-day moving average is $121.61. The company has a market capitalization of $3.68 billion, a PE ratio of 27.26 and a beta of 1.04.

Institutional Investors Weigh In On iShares MSCI USA ESG Select ETF

Hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Accredited Investors Inc. grew its holdings in iShares MSCI USA ESG Select ETF by 1,177.0% during the 3rd quarter. Accredited Investors Inc. now owns 776,554 shares of the company’s stock valued at $90,826,000 after buying an additional 715,745 shares in the last quarter. Raymond James Financial Inc. purchased a new stake in iShares MSCI USA ESG Select ETF during the 4th quarter valued at approximately $44,747,000. World Investment Advisors LLC grew its holdings in iShares MSCI USA ESG Select ETF by 9,889.3% during the 3rd quarter. World Investment Advisors LLC now owns 197,289 shares of the company’s stock valued at $23,748,000 after buying an additional 195,314 shares in the last quarter. Ameritas Advisory Services LLC grew its holdings in iShares MSCI USA ESG Select ETF by 448.1% during the 3rd quarter. Ameritas Advisory Services LLC now owns 47,521 shares of the company’s stock valued at $5,720,000 after buying an additional 38,851 shares in the last quarter. Finally, Strategic Financial Concepts LLC purchased a new stake in iShares MSCI USA ESG Select ETF during the 4th quarter valued at approximately $4,642,000.

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.