iShares MSCI KLD 400 Social ETF (NYSEARCA:DSI) Reaches New 1-Year High – Time to Buy?

iShares MSCI KLD 400 Social ETF (NYSEARCA:DSI)’s share price reached a new 52-week high on Wednesday . The stock traded as high as $109.19 and last traded at $109.19, with a volume of 14533 shares traded. The stock had previously closed at $108.62.

iShares MSCI KLD 400 Social ETF Price Performance

The company has a 50 day moving average of $105.05 and a 200-day moving average of $102.68. The company has a market cap of $4.81 billion, a P/E ratio of 29.01 and a beta of 1.09.

Hedge Funds Weigh In On iShares MSCI KLD 400 Social ETF

A number of hedge funds and other institutional investors have recently bought and sold shares of DSI. Eagle Bay Advisors LLC grew 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 acquiring an additional 123 shares during the last quarter. Larson Financial Group LLC purchased a new position in iShares MSCI KLD 400 Social ETF in the 2nd quarter worth $28,000. YHB Investment Advisors Inc. bought a new stake in iShares MSCI KLD 400 Social ETF in the first quarter worth $41,000. MFA Wealth Advisors LLC bought a new stake in iShares MSCI KLD 400 Social ETF in the second quarter worth $48,000. Finally, Scarborough Advisors LLC purchased a new stake in iShares MSCI KLD 400 Social ETF during the fourth quarter valued at about $47,000.

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.