iShares ESG MSCI USA Leaders ETF (NASDAQ:SUSL) Hits New 52-Week Low – Should You Sell?

iShares ESG MSCI USA Leaders ETF (NASDAQ:SUSL) reached a new 52-week low during mid-day trading on Friday . The company traded as low as $87.56 and last traded at $87.56, with a volume of 128572 shares changing hands. The stock had previously closed at $93.01.

iShares ESG MSCI USA Leaders ETF Stock Down 5.9 %

The stock’s fifty day moving average price is $101.04 and its 200-day moving average price is $102.91. The company has a market capitalization of $792.42 million, a price-to-earnings ratio of 25.99 and a beta of 1.00.

iShares ESG MSCI USA Leaders ETF Cuts Dividend

The firm also recently declared a dividend, which was paid on Friday, March 21st. Shareholders of record on Tuesday, March 18th were paid a $0.2676 dividend. The ex-dividend date of this dividend was Tuesday, March 18th.

Hedge Funds Weigh In On iShares ESG MSCI USA Leaders ETF

A number of large investors have recently modified their holdings of SUSL. FMR LLC raised its holdings in iShares ESG MSCI USA Leaders ETF by 15.4% during the third quarter. FMR LLC now owns 341,156 shares of the company’s stock worth $34,634,000 after acquiring an additional 45,538 shares in the last quarter. HighTower Advisors LLC bought a new stake in shares of iShares ESG MSCI USA Leaders ETF during the 3rd quarter worth approximately $219,000. Stifel Financial Corp raised its stake in shares of iShares ESG MSCI USA Leaders ETF by 111.8% during the 3rd quarter. Stifel Financial Corp now owns 8,446 shares of the company’s stock worth $857,000 after purchasing an additional 4,458 shares in the last quarter. Jane Street Group LLC acquired a new stake in shares of iShares ESG MSCI USA Leaders ETF in the 3rd quarter valued at approximately $439,000. Finally, High Falls Advisors Inc grew its stake in shares of iShares ESG MSCI USA Leaders ETF by 15.7% in the third quarter. High Falls Advisors Inc now owns 3,100 shares of the company’s stock valued at $315,000 after buying an additional 420 shares in the last quarter.

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.