iShares ESG MSCI EM Leaders ETF (NASDAQ:LDEM) Shares Up 1.3% – Here’s Why

iShares ESG MSCI EM Leaders ETF (NASDAQ:LDEM) shares traded up 1.3% during mid-day trading on Wednesday . The company traded as high as $61.01 and last traded at $60.89. 356 shares changed hands during mid-day trading, a decline of 83% from the average daily volume of 2,130 shares. The stock had previously closed at $60.10.

iShares ESG MSCI EM Leaders ETF Price Performance

The stock has a market capitalization of $33.49 million, a P/E ratio of 14.34 and a beta of 0.65. The firm has a 50-day simple moving average of $60.07 and a 200 day simple moving average of $60.70.

iShares ESG MSCI EM Leaders ETF Announces Dividend

The company also recently disclosed a dividend, which was paid on Thursday, June 18th. Stockholders of record on Monday, June 15th were paid a $0.4964 dividend. The ex-dividend date of this dividend was Monday, June 15th.

Institutional Trading of iShares ESG MSCI EM Leaders ETF

Institutional investors and hedge funds have recently bought and sold shares of the stock. Morling Financial Advisors LLC acquired a new stake in shares of iShares ESG MSCI EM Leaders ETF in the fourth quarter valued at about $27,000. Farther Finance Advisors LLC increased its position in iShares ESG MSCI EM Leaders ETF by 297.3% during the 4th quarter. Farther Finance Advisors LLC now owns 3,083 shares of the company’s stock valued at $179,000 after purchasing an additional 2,307 shares during the period. Pathfinder Wealth Consulting Inc. acquired a new stake in iShares ESG MSCI EM Leaders ETF during the 4th quarter valued at approximately $276,000. Jane Street Group LLC raised its holdings in iShares ESG MSCI EM Leaders ETF by 12.0% during the 4th quarter. Jane Street Group LLC now owns 5,824 shares of the company’s stock worth $338,000 after purchasing an additional 625 shares during the last quarter. Finally, Integrity Advisory Solutions LLC raised its holdings in iShares ESG MSCI EM Leaders ETF by 12.9% during the 4th quarter. Integrity Advisory Solutions LLC now owns 7,421 shares of the company’s stock worth $431,000 after purchasing an additional 848 shares during the last quarter.

iShares ESG MSCI EM Leaders ETF Company Profile

The iShares ESG MSCI EM Leaders ETF (LDEM) is an exchange-traded fund that is based on the MSCI EM Extended ESG Leaders index. The fund tracks a tier-weighted index composed of large- and mid-cap emerging-market stocks with high environmental, social, and governance traits relative to their sector peers. LDEM was launched on Feb 5, 2020 and is managed by BlackRock.