eCIO Inc. has increased its stake in the iShares MSCI USA ESG Select ETF (NYSEARCA:SUSA) by 13.8% during the third quarter of 2023, according to Holdings Channel. After acquiring an additional 8,048 shares, the firm now holds 66,222 shares of the ETF, which represents 3.4% of eCIO Inc.’s total portfolio. This makes SUSA the firm’s eighth largest holding, valued at approximately $8,983,000 based on its latest filing with the Securities and Exchange Commission (SEC).
Institutional Investment Trends
Other institutional investors have also adjusted their positions in the iShares MSCI USA ESG Select ETF. For instance, AGF Management Ltd. boosted its holdings by 14.0% in the second quarter, acquiring an additional 600 shares to reach a total of 4,900 shares worth $621,000.
Rockefeller Capital Management L.P. increased its position by 8.6%, now owning 16,369 shares valued at $2,075,000 after adding 1,300 shares. Meanwhile, Hantz Financial Services Inc. and Midwest Trust Co each entered new stakes in the ETF, valued at approximately $49,000 and $906,000, respectively.
Savant Capital LLC made a significant move by increasing its stake in the ETF by 92.2%, resulting in ownership of 3,735 shares valued at about $473,000 following the acquisition of 1,792 shares.
Performance Overview of iShares MSCI USA ESG Select ETF
As of the latest trading session, shares of the iShares MSCI USA ESG Select ETF opened at $138.48. The ETF has a market capitalization of $3.68 billion and a price-to-earnings (PE) ratio of -248.31, with a beta of 1.05. Over the past year, SUSA has experienced a low of $99.48 and a high of $143.18, indicating its volatility in the market.
The ETF’s fifty-day moving average stands at $140.72, while its two-hundred day moving average is at $137.72. The iShares MSCI USA ESG Select ETF is designed to track the performance of U.S. companies with strong environmental, social, and governance (ESG) factors, according to the MSCI USA Extended ESG Select Index. Launched on January 24, 2005, it is managed by BlackRock.
For those interested in tracking institutional investments in SUSA, more information can be found on HoldingsChannel.com, which provides the latest 13F filings and insider transactions for the iShares MSCI USA ESG Select ETF.
