iShares ESG MSCI USA Leaders ETF (NASDAQ:SUSL) Sees Large Decline in Short Interest

iShares ESG MSCI USA Leaders ETF (NASDAQ:SUSL) was the target of a large decrease in short interest in March. As of March 31st, there was short interest totalling 8,700 shares, a decrease of 43.9% from the March 15th total of 15,500 shares. Approximately 0.1% of the shares of the company are short sold. Based on an average trading volume of 35,900 shares, the short-interest ratio is presently 0.2 days.

iShares ESG MSCI USA Leaders ETF Price Performance

Shares of NASDAQ:SUSL traded up $0.22 during trading on Friday, reaching $91.08. 22,818 shares of the company’s stock traded hands, compared to its average volume of 30,500. iShares ESG MSCI USA Leaders ETF has a 12 month low of $83.45 and a 12 month high of $108.04. The stock has a market capitalization of $801.50 million, a P/E ratio of 24.99 and a beta of 1.00. The company has a 50 day moving average of $97.59 and a 200-day moving average of $102.05.

iShares ESG MSCI USA Leaders ETF Cuts Dividend

The business also recently disclosed a dividend, which was paid on Friday, March 21st. Investors of record on Tuesday, March 18th were issued a $0.2676 dividend. The ex-dividend date of this dividend was Tuesday, March 18th.

Institutional Inflows and Outflows

Hedge funds have recently bought and sold shares of the company. Mercer Global Advisors Inc. ADV increased its holdings in shares of iShares ESG MSCI USA Leaders ETF by 3.3% in the fourth quarter. Mercer Global Advisors Inc. ADV now owns 853,156 shares of the company’s stock valued at $87,909,000 after buying an additional 26,953 shares in the last quarter. Envestnet Asset Management Inc. raised its position in shares of iShares ESG MSCI USA Leaders ETF by 5.5% during the fourth quarter. Envestnet Asset Management Inc. now owns 815,688 shares of the company’s stock worth $84,049,000 after purchasing an additional 42,467 shares during the period. Wealth Enhancement Advisory Services LLC lifted its holdings in shares of iShares ESG MSCI USA Leaders ETF by 2.5% during the first quarter. Wealth Enhancement Advisory Services LLC now owns 240,183 shares of the company’s stock valued at $23,012,000 after purchasing an additional 5,917 shares during the last quarter. Principal Financial Group Inc. boosted its position in shares of iShares ESG MSCI USA Leaders ETF by 11.1% in the 4th quarter. Principal Financial Group Inc. now owns 111,030 shares of the company’s stock valued at $11,441,000 after purchasing an additional 11,072 shares during the period. Finally, Ellevest Inc. increased its stake in iShares ESG MSCI USA Leaders ETF by 6.6% in the 4th quarter. Ellevest Inc. now owns 110,771 shares of the company’s stock worth $11,414,000 after purchasing an additional 6,860 shares in the last quarter.

iShares ESG MSCI USA Leaders ETF Company Profile

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.