iShares ESG MSCI USA Leaders ETF (NASDAQ:SUSL) Sees Strong Trading Volume – Time to Buy?

iShares ESG MSCI USA Leaders ETF (NASDAQ:SUSL) shares saw unusually-high trading volume on Tuesday . Approximately 116,672 shares traded hands during trading, an increase of 309% from the previous session’s volume of 28,532 shares.The stock last traded at $119.5940 and had previously closed at $118.59.

iShares ESG MSCI USA Leaders ETF Stock Performance

The business’s fifty day moving average is $118.13 and its 200-day moving average is $112.16. The firm has a market cap of $1.00 billion, a P/E ratio of 27.42 and a beta of 1.03.

iShares ESG MSCI USA Leaders ETF Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, September 19th. Shareholders of record on Tuesday, September 16th were given a dividend of $0.3091 per share. The ex-dividend date of this dividend was Tuesday, September 16th. This represents a $1.24 dividend on an annualized basis and a yield of 1.0%. This is a boost from iShares ESG MSCI USA Leaders ETF’s previous quarterly dividend of $0.26.

Hedge Funds Weigh In On iShares ESG MSCI USA Leaders ETF

Several hedge funds and other institutional investors have recently bought and sold shares of SUSL. Advisory Services Network LLC bought a new stake in iShares ESG MSCI USA Leaders ETF during the third quarter valued at $165,000. Triumph Capital Management bought a new stake in shares of iShares ESG MSCI USA Leaders ETF during the 3rd quarter valued at about $42,000. Susquehanna International Group LLP acquired a new stake in iShares ESG MSCI USA Leaders ETF during the third quarter worth approximately $319,000. Northwestern Mutual Wealth Management Co. increased its holdings in iShares ESG MSCI USA Leaders ETF by 3.6% in the third quarter. Northwestern Mutual Wealth Management Co. now owns 23,352 shares of the company’s stock worth $2,733,000 after purchasing an additional 806 shares in the last quarter. Finally, Mariner LLC increased its holdings in iShares ESG MSCI USA Leaders ETF by 4.1% in the third quarter. Mariner LLC now owns 4,410 shares of the company’s stock worth $516,000 after purchasing an additional 173 shares in the last quarter.

iShares ESG MSCI USA Leaders ETF Company Profile

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.