iShares MSCI KLD 400 Social ETF (NYSEARCA:DSI) Sets New 52-Week High – Should You Buy?

iShares MSCI KLD 400 Social ETF (NYSEARCA:DSI)’s stock price reached a new 52-week high during trading on Wednesday . The company traded as high as $112.33 and last traded at $112.33, with a volume of 698 shares traded. The stock had previously closed at $109.60.

iShares MSCI KLD 400 Social ETF Price Performance

The business has a 50-day simple moving average of $107.69 and a 200-day simple moving average of $104.23. The firm has a market capitalization of $4.97 billion, a PE ratio of 29.01 and a beta of 1.09.

Institutional Investors Weigh In On iShares MSCI KLD 400 Social ETF

Hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Eagle Bay Advisors LLC raised its position in iShares MSCI KLD 400 Social ETF by 100.0% during the second quarter. Eagle Bay Advisors LLC now owns 246 shares of the company’s stock valued at $26,000 after purchasing an additional 123 shares during the period. Larson Financial Group LLC purchased a new stake in iShares MSCI KLD 400 Social ETF during the second quarter valued at approximately $28,000. MFA Wealth Advisors LLC purchased a new stake in iShares MSCI KLD 400 Social ETF during the second quarter valued at approximately $48,000. ORG Partners LLC purchased a new stake in shares of iShares MSCI KLD 400 Social ETF in the second quarter worth approximately $55,000. Finally, Eastern Bank purchased a new stake in shares of iShares MSCI KLD 400 Social ETF in the third quarter worth approximately $58,000.

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.