iShares MSCI KLD 400 Social ETF (NYSEARCA:DSI) Sees Strong Trading Volume – Still a Buy?

iShares MSCI KLD 400 Social ETF (NYSEARCA:DSI) saw unusually-strong trading volume on Friday . Approximately 357,193 shares were traded during trading, an increase of 230% from the previous session’s volume of 108,241 shares.The stock last traded at $114.13 and had previously closed at $113.75.

iShares MSCI KLD 400 Social ETF Price Performance

The stock has a market cap of $5.04 billion, a PE ratio of 29.01 and a beta of 1.09. The business has a 50 day moving average price of $108.16 and a two-hundred day moving average price of $104.54.

Institutional Trading of iShares MSCI KLD 400 Social ETF

A number of institutional investors have recently made changes to their positions in DSI. US Bancorp DE boosted its stake in shares of iShares MSCI KLD 400 Social ETF by 121.9% during the third quarter. US Bancorp DE now owns 389,695 shares of the company’s stock valued at $42,395,000 after purchasing an additional 214,048 shares during the period. Williams Financial LLC purchased a new stake in shares of iShares MSCI KLD 400 Social ETF during the second quarter valued at approximately $7,838,000. Cetera Investment Advisers raised its holdings in shares of iShares MSCI KLD 400 Social ETF by 78.1% during the first quarter. Cetera Investment Advisers now owns 151,830 shares of the company’s stock valued at $15,306,000 after acquiring an additional 66,567 shares in the last quarter. Sanctuary Advisors LLC bought a new position in shares of iShares MSCI KLD 400 Social ETF during the second quarter valued at approximately $3,526,000. Finally, Thrivent Financial for Lutherans raised its holdings in shares of iShares MSCI KLD 400 Social ETF by 35.4% during the third quarter. Thrivent Financial for Lutherans now owns 125,975 shares of the company’s stock valued at $13,705,000 after acquiring an additional 32,957 shares in the last quarter.

About iShares MSCI KLD 400 Social ETF

iShares MSCI KLD 400 Social Index Fund (the Fund), formerly iShares FTSE KLD 400 Social Index Fund, seeks to provide investment results that correspond generally to the price and yield performance of the MSCI KLD 400 Social Index (the Index). The Index is a free float-adjusted market capitalization index designed to measure the equity performance of the United States companies.