Cetera Advisor Networks LLC Acquires Additional Shares of iShares ESG MSCI USA Leaders ETF

In a recent move that signifies a growing interest in socially responsible investments, Cetera Advisor Networks LLC has increased its investment in iShares ESG MSCI USA Leaders ETF. The acquisition of an additional 184 shares has upped Cetera Advisor Networks LLC's holding by 3.9%, as indicated by documents filed with the Securities and Exchange Commission (SEC). This strategic purchase brought their total share count in the ETF to 4,942, valued at approximately $383,000 by the end of the quarter.

Investment Trends in ESG

Other institutional investors are also adjusting their portfolios, with some increasing and others decreasing their stakes in the iShares ESG MSCI USA Leaders ETF. For instance, Captrust Financial Advisors raised its stake by 2.1%, now owning 8,775 shares worth $583,000. Spire Wealth Management saw a significant increase of 44.9% earlier in the year, and First Republic Investment Management Inc. and Raymond James & Associates similarly enhanced their holdings. Stratos Wealth Partners LTD. also saw an increase in their investment, underscoring the trend towards ESG-focused funds.

ETF Market Performance

The iShares ESG MSCI USA Leaders ETF, traded under NASDAQ:SUSL, exhibited stable market performance with a recent opening price of $80.96. With a market capitalization of $1.17 billion and listed P/E ratio of 19.77, the ETF maintains a solid presence in the market, evidenced by its 52-week price range and stable moving averages.

Dividend Announcements

Adding to the attractiveness of the investment, iShares ESG MSCI USA Leaders ETF announced its recent quarterly dividend payment, minting $0.314 per share to its investors.

About iShares ESG MSCI USA Leaders ETF

The iShares ESG MSCI USA Leaders ETF primarily focusses on US companies with high environmental, social, and governance (ESG) ratings. Tracking the MSCI USA Extended ESG Leaders index, it represents a deliberate choice for investors who prioritize sustainability alongside profitability. Originally launched in 2019 and managed by BlackRock, this ETF is carving out a niche in the growing realm of ethical investment options.

Cetera, iShares, ESG