iShares MSCI USA ESG Select ETF (NYSEARCA:SUSA) Reaches New 12-Month High – Here’s What Happened

iShares MSCI USA ESG Select ETF (NYSEARCA:SUSA)’s share price hit a new 52-week high during mid-day trading on Friday . The stock traded as high as $155.86 and last traded at $155.83, with a volume of 32788 shares traded. The stock had previously closed at $155.18.

iShares MSCI USA ESG Select ETF Price Performance

The company has a market cap of $4.08 billion, a PE ratio of -279.28 and a beta of 1.06. The firm has a 50-day simple moving average of $151.96 and a two-hundred day simple moving average of $143.64.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the company. PNC Financial Services Group Inc. lifted its stake in shares of iShares MSCI USA ESG Select ETF by 3.0% during the fourth quarter. PNC Financial Services Group Inc. now owns 1,095,774 shares of the company’s stock valued at $152,691,000 after buying an additional 31,842 shares during the period. Royal Bank of Canada raised its holdings in iShares MSCI USA ESG Select ETF by 8.6% in the 1st quarter. Royal Bank of Canada now owns 687,964 shares of the company’s stock valued at $90,880,000 after acquiring an additional 54,542 shares during the last quarter. Northwestern Mutual Wealth Management Co. lifted its stake in shares of iShares MSCI USA ESG Select ETF by 696.9% during the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 532,734 shares of the company’s stock worth $74,236,000 after purchasing an additional 465,886 shares during the period. IMA Advisory Services Inc. boosted its holdings in shares of iShares MSCI USA ESG Select ETF by 1.6% during the first quarter. IMA Advisory Services Inc. now owns 522,494 shares of the company’s stock worth $69,022,000 after purchasing an additional 8,040 shares during the last quarter. Finally, M&T Bank Corp grew its position in shares of iShares MSCI USA ESG Select ETF by 3.7% in the third quarter. M&T Bank Corp now owns 522,356 shares of the company’s stock valued at $70,858,000 after purchasing an additional 18,707 shares during the period.

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.