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 strong trading volume on Wednesday . 367,537 shares traded hands during mid-day trading, an increase of 209% from the previous session’s volume of 119,122 shares.The stock last traded at $123.48 and had previously closed at $124.40.

iShares MSCI USA ESG Select ETF Trading Down 0.5 %

The firm has a market cap of $3.92 billion, a PE ratio of 28.35 and a beta of 1.02. The company’s 50 day moving average price is $124.04 and its two-hundred day moving average price is $120.71.

Institutional Inflows and Outflows

Several institutional investors have recently made changes to their positions in the stock. JPMorgan Chase & Co. raised its position in shares of iShares MSCI USA ESG Select ETF by 1.2% during the 4th quarter. JPMorgan Chase & Co. now owns 1,611,260 shares of the company’s stock valued at $195,913,000 after purchasing an additional 19,255 shares during the period. PNC Financial Services Group Inc. lifted its position in shares of iShares MSCI USA ESG Select ETF by 0.5% in the fourth quarter. PNC Financial Services Group Inc. now owns 1,003,979 shares of the company’s stock valued at $122,074,000 after acquiring an additional 5,003 shares in the last quarter. Accredited Investors Inc. grew its position in shares of iShares MSCI USA ESG Select ETF by 1,177.0% during the third quarter. Accredited Investors Inc. now owns 776,554 shares of the company’s stock worth $90,826,000 after purchasing an additional 715,745 shares in the last quarter. M&T Bank Corp grew its position in shares of iShares MSCI USA ESG Select ETF by 2.6% during the fourth quarter. M&T Bank Corp now owns 525,415 shares of the company’s stock worth $63,886,000 after purchasing an additional 13,279 shares in the last quarter. Finally, Raymond James Financial Inc. bought a new stake in iShares MSCI USA ESG Select ETF during the 4th quarter valued at approximately $44,747,000.

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.