iShares ESG MSCI EM Leaders ETF (NASDAQ:LDEM) Stock Falls 0.2% – Time to Sell?

Shares of iShares ESG MSCI EM Leaders ETF (NASDAQ:LDEM) fell 0.2% on Thursday. The stock traded as low as $60.37 and last traded at $60.35. 1,186 shares were traded during mid-day trading, a decline of 39% from the average daily volume of 1,956 shares. The stock had previously closed at $60.50.

iShares ESG MSCI EM Leaders ETF Stock Up 0.3%

The stock’s 50 day moving average is $60.94 and its two-hundred day moving average is $60.60. The company has a market capitalization of $33.31 million, a PE ratio of 14.34 and a beta of 0.66.

Institutional Investors Weigh In On iShares ESG MSCI EM Leaders ETF

A hedge fund recently bought a new stake in iShares ESG MSCI EM Leaders ETF stock. Integrated Wealth Concepts LLC acquired a new stake in shares of iShares ESG MSCI EM Leaders ETF (NASDAQ:LDEM) during the second quarter, according to its most recent filing with the Securities & Exchange Commission. The firm acquired 834 shares of the company’s stock, valued at approximately $50,000. Integrated Wealth Concepts LLC owned approximately 0.15% of iShares ESG MSCI EM Leaders ETF as of its most recent filing with the Securities & Exchange Commission.

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.