iShares ESG MSCI USA Leaders ETF (NASDAQ:SUSL) Hits New 1-Year High – Still a Buy?

iShares ESG MSCI USA Leaders ETF (NASDAQ:SUSL)’s stock price reached a new 52-week high during mid-day trading on Tuesday. The company traded as high as $139.50 and last traded at $139.5490, with a volume of 360 shares changing hands. The stock had previously closed at $138.76.

iShares ESG MSCI USA Leaders ETF Stock Up 0.7%

The stock’s 50-day moving average is $136.39 and its 200-day moving average is $130.35. The firm has a market cap of $1.26 billion, a P/E ratio of 27.42 and a beta of 1.04.

iShares ESG MSCI USA Leaders ETF Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, September 18th. Investors of record on Tuesday, September 15th were paid a $0.3259 dividend. The ex-dividend date of this dividend was Tuesday, September 15th. This represents a $1.30 annualized dividend and a yield of 0.9%. This is a positive change from iShares ESG MSCI USA Leaders ETF’s previous quarterly dividend of $0.2852.

Institutional Investors Weigh In On iShares ESG MSCI USA Leaders ETF

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. PNC Financial Services Group Inc. lifted its stake in shares of iShares ESG MSCI USA Leaders ETF by 3.6% in the 1st quarter. PNC Financial Services Group Inc. now owns 2,311 shares of the company’s stock valued at $262,000 after acquiring an additional 80 shares during the last quarter. Walkner Condon Financial Advisors LLC grew its position in iShares ESG MSCI USA Leaders ETF by 0.7% in the 1st quarter. Walkner Condon Financial Advisors LLC now owns 17,023 shares of the company’s stock valued at $1,934,000 after purchasing an additional 122 shares during the period. RVW Wealth LLC lifted its holdings in shares of iShares ESG MSCI USA Leaders ETF by 2.2% in the second quarter. RVW Wealth LLC now owns 5,845 shares of the company’s stock valued at $776,000 after purchasing an additional 124 shares in the last quarter. Bluestem Financial Advisors LLC boosted its position in iShares ESG MSCI USA Leaders ETF by 0.3% in the first quarter. Bluestem Financial Advisors LLC now owns 49,270 shares of the company’s stock worth $5,597,000 after purchasing an additional 138 shares during the last quarter. Finally, Sequoia Financial Advisors LLC raised its holdings in shares of iShares ESG MSCI USA Leaders ETF by 2.5% in the 2nd quarter. Sequoia Financial Advisors LLC now owns 8,723 shares of the company’s stock worth $1,158,000 after purchasing an additional 209 shares during the period.

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.