Sovereign Financial Group Inc. Buys 1,764 Shares of iShares MSCI KLD 400 Social ETF (NYSEARCA:DSI)

Sovereign Financial Group Inc. lifted its stake in shares of iShares MSCI KLD 400 Social ETF (NYSEARCA:DSI) by 86.5% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 3,804 shares of the company’s stock after purchasing an additional 1,764 shares during the quarter. Sovereign Financial Group Inc.’s holdings in iShares MSCI KLD 400 Social ETF were worth $419,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Eastern Bank bought a new position in shares of iShares MSCI KLD 400 Social ETF during the 3rd quarter worth about $58,000. Mattson Financial Services LLC acquired a new stake in shares of iShares MSCI KLD 400 Social ETF in the 2nd quarter worth about $64,000. Bristlecone Advisors LLC acquired a new stake in shares of iShares MSCI KLD 400 Social ETF in the 3rd quarter worth about $68,000. Paladin Wealth LLC acquired a new stake in shares of iShares MSCI KLD 400 Social ETF in the 3rd quarter worth about $96,000. Finally, Axxcess Wealth Management LLC acquired a new stake in shares of iShares MSCI KLD 400 Social ETF in the 3rd quarter worth about $202,000.

iShares MSCI KLD 400 Social ETF Price Performance

DSI opened at $111.69 on Thursday. iShares MSCI KLD 400 Social ETF has a fifty-two week low of $90.40 and a fifty-two week high of $115.78. The firm has a market capitalization of $4.93 billion, a PE ratio of 29.01 and a beta of 1.09. The company’s 50-day moving average is $112.85 and its 200 day moving average is $108.51.

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.