iShares ESG MSCI EM Leaders ETF (NASDAQ:LDEM) Trading Up 0.7% – What’s Next?

iShares ESG MSCI EM Leaders ETF (NASDAQ:LDEM) shot up 0.7% on Tuesday . The company traded as high as $60.38 and last traded at $60.18. 2,763 shares were traded during mid-day trading, an increase of 55% from the average session volume of 1,788 shares. The stock had previously closed at $59.75.

iShares ESG MSCI EM Leaders ETF Stock Up 0.7%

The stock has a market capitalization of $33.10 million, a P/E ratio of 14.34 and a beta of 0.63. The company has a 50 day moving average of $58.93 and a 200-day moving average of $57.46.

iShares ESG MSCI EM Leaders ETF Dividend Announcement

The firm also recently declared a dividend, which was paid on Friday, December 19th. Stockholders of record on Tuesday, December 16th were given a $1.2739 dividend. This represents a dividend yield of 440.0%. The ex-dividend date was Tuesday, December 16th.

Institutional Investors Weigh In On iShares ESG MSCI EM Leaders ETF

Institutional investors and hedge funds have recently bought and sold shares of the business. Values Added Financial LLC boosted its stake in iShares ESG MSCI EM Leaders ETF by 40.2% in the second quarter. Values Added Financial LLC now owns 18,576 shares of the company’s stock valued at $1,002,000 after acquiring an additional 5,323 shares during the period. Beta Wealth Group Inc. acquired a new stake in shares of iShares ESG MSCI EM Leaders ETF during the 2nd quarter worth approximately $513,000. Daiwa Securities Group Inc. lifted its holdings in shares of iShares ESG MSCI EM Leaders ETF by 5.2% in the 2nd quarter. Daiwa Securities Group Inc. now owns 17,430 shares of the company’s stock worth $940,000 after purchasing an additional 860 shares during the last quarter. Cliftonlarsonallen Wealth Advisors LLC boosted its position in iShares ESG MSCI EM Leaders ETF by 9.7% during the 3rd quarter. Cliftonlarsonallen Wealth Advisors LLC now owns 22,415 shares of the company’s stock valued at $1,321,000 after purchasing an additional 1,991 shares during the period. Finally, Farther Finance Advisors LLC bought a new position in iShares ESG MSCI EM Leaders ETF during the 3rd quarter worth $46,000.

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.