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

Shares of iShares MSCI USA ESG Select ETF (NYSEARCA:SUSA) saw an uptick in trading volume on Wednesday . 138,643 shares were traded during trading, an increase of 60% from the previous session’s volume of 86,920 shares.The stock last traded at $139.67 and had previously closed at $139.33.

iShares MSCI USA ESG Select ETF Price Performance

The stock has a market capitalization of $3.69 billion, a price-to-earnings ratio of -250.41 and a beta of 1.05. The company has a 50-day simple moving average of $135.80 and a two-hundred day simple moving average of $128.99.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently bought and sold shares of SUSA. Cresset Asset Management LLC grew its position in iShares MSCI USA ESG Select ETF by 0.9% in the 3rd quarter. Cresset Asset Management LLC now owns 19,881 shares of the company’s stock worth $2,697,000 after purchasing an additional 178 shares during the last quarter. eCIO Inc. grew its holdings in iShares MSCI USA ESG Select ETF by 13.8% in the 3rd quarter. eCIO Inc. now owns 66,222 shares of the company’s stock worth $8,983,000 after buying an additional 8,048 shares in the last quarter. Aprio Wealth Management LLC grew its holdings in iShares MSCI USA ESG Select ETF by 0.6% in the 3rd quarter. Aprio Wealth Management LLC now owns 17,691 shares of the company’s stock worth $2,400,000 after buying an additional 99 shares in the last quarter. TIAA Trust National Association increased its position in iShares MSCI USA ESG Select ETF by 3.2% in the 3rd quarter. TIAA Trust National Association now owns 14,289 shares of the company’s stock valued at $1,938,000 after acquiring an additional 445 shares during the period. Finally, Corepath Wealth Partners LLC bought a new stake in iShares MSCI USA ESG Select ETF during the 3rd quarter valued at $441,000.

About iShares MSCI USA ESG Select ETF

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.