iShares ESG Advanced MSCI EM ETF (NASDAQ:EMXF) Trading Up 1.1% – What’s Next?

iShares ESG Advanced MSCI EM ETF (NASDAQ:EMXF) shares shot up 1.1% during trading on Tuesday . The company traded as high as $48.36 and last traded at $48.29. 5,730 shares changed hands during mid-day trading, a decline of 11% from the average session volume of 6,443 shares. The stock had previously closed at $47.77.

iShares ESG Advanced MSCI EM ETF Stock Performance

The company has a market capitalization of $125.55 million, a P/E ratio of 13.05 and a beta of 0.63. The stock’s fifty day moving average price is $46.66 and its 200-day moving average price is $45.10.

iShares ESG Advanced MSCI EM ETF Announces Dividend

The firm also recently disclosed a dividend, which was paid on Friday, December 19th. Shareholders of record on Tuesday, December 16th were paid a $1.0666 dividend. The ex-dividend date was Tuesday, December 16th. This represents a yield of 471.0%.

Institutional Inflows and Outflows

Institutional investors have recently made changes to their positions in the business. Smartleaf Asset Management LLC raised its stake in iShares ESG Advanced MSCI EM ETF by 795.7% in the 2nd quarter. Smartleaf Asset Management LLC now owns 1,254 shares of the company’s stock valued at $53,000 after acquiring an additional 1,114 shares during the period. Savant Capital LLC acquired a new position in shares of iShares ESG Advanced MSCI EM ETF in the third quarter valued at $214,000. Diversified Trust Co acquired a new position in shares of iShares ESG Advanced MSCI EM ETF in the second quarter valued at $218,000. Modern Wealth Management LLC bought a new position in shares of iShares ESG Advanced MSCI EM ETF in the first quarter valued at about $313,000. Finally, MAI Capital Management raised its position in shares of iShares ESG Advanced MSCI EM ETF by 6.0% in the third quarter. MAI Capital Management now owns 7,864 shares of the company’s stock valued at $356,000 after purchasing an additional 448 shares during the period.

iShares ESG Advanced MSCI EM ETF Company Profile

The iShares ESG Advanced MSCI EM ETF (EMXF) is an exchange-traded fund that mostly invests in total market equity. The fund tracks a market cap-weighted index of large- and mid-cap equities in emerging markets, screened for positive ESG rating while also screening for involvement in controversial activities. EMXF was launched on Oct 6, 2020 and is managed by BlackRock.