iShares MSCI USA ESG Select ETF (NYSEARCA:SUSA) Reaches New 52-Week High – Still a Buy?

iShares MSCI USA ESG Select ETF (NYSEARCA:SUSA) shares reached a new 52-week high during trading on Monday . The company traded as high as $142.37 and last traded at $142.33, with a volume of 80109 shares changing hands. The stock had previously closed at $142.09.

iShares MSCI USA ESG Select ETF Stock Performance

The stock has a market capitalization of $3.84 billion, a P/E ratio of -255.12 and a beta of 1.05. The stock has a 50-day moving average price of $139.19 and a two-hundred day moving average price of $134.62.

Institutional Inflows and Outflows

A number of hedge funds have recently added to or reduced their stakes in the stock. GRIMES & Co WEALTH MANAGEMENT LLC raised its holdings in iShares MSCI USA ESG Select ETF by 0.3% in the 3rd quarter. GRIMES & Co WEALTH MANAGEMENT LLC now owns 31,088 shares of the company’s stock worth $4,217,000 after purchasing an additional 84 shares in the last quarter. Johnson Investment Counsel Inc. increased its position in shares of iShares MSCI USA ESG Select ETF by 2.0% during the second quarter. Johnson Investment Counsel Inc. now owns 4,384 shares of the company’s stock valued at $556,000 after buying an additional 85 shares during the period. Flagship Harbor Advisors LLC raised its stake in iShares MSCI USA ESG Select ETF by 2.5% in the second quarter. Flagship Harbor Advisors LLC now owns 3,494 shares of the company’s stock worth $443,000 after buying an additional 85 shares in the last quarter. LVZ Inc. lifted its holdings in iShares MSCI USA ESG Select ETF by 2.9% in the second quarter. LVZ Inc. now owns 3,052 shares of the company’s stock worth $387,000 after buying an additional 86 shares during the period. Finally, Peak Financial Management Inc. lifted its holdings in iShares MSCI USA ESG Select ETF by 2.0% in the second quarter. Peak Financial Management Inc. now owns 4,575 shares of the company’s stock worth $580,000 after buying an additional 90 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.