iShares ESG MSCI EM Leaders ETF (NASDAQ:LDEM) Trading Up 0.3% – Here’s Why

Shares of iShares ESG MSCI EM Leaders ETF (NASDAQ:LDEM) traded up 0.3% during mid-day trading on Tuesday . The stock traded as high as $47.45 and last traded at $47.45. 258 shares changed hands during trading, a decline of 87% from the average session volume of 2,008 shares. The stock had previously closed at $47.32.

iShares ESG MSCI EM Leaders ETF Stock Performance

The company’s 50 day moving average price is $48.91 and its 200-day moving average price is $46.94. The company has a market cap of $30.84 million, a PE ratio of 12.47 and a beta of 0.78.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently bought and sold shares of LDEM. Cliftonlarsonallen Wealth Advisors LLC boosted its holdings in iShares ESG MSCI EM Leaders ETF by 16.0% in the 2nd quarter. Cliftonlarsonallen Wealth Advisors LLC now owns 19,864 shares of the company’s stock worth $896,000 after buying an additional 2,745 shares during the period. Commonwealth Equity Services LLC boosted its holdings in iShares ESG MSCI EM Leaders ETF by 9.9% in the 2nd quarter. Commonwealth Equity Services LLC now owns 70,531 shares of the company’s stock worth $3,181,000 after buying an additional 6,335 shares during the period. Addison Advisors LLC boosted its holdings in iShares ESG MSCI EM Leaders ETF by 21.1% in the 2nd quarter. Addison Advisors LLC now owns 1,380 shares of the company’s stock worth $62,000 after buying an additional 240 shares during the period. Beta Wealth Group Inc. bought a new position in iShares ESG MSCI EM Leaders ETF in the 3rd quarter worth approximately $210,000. Finally, Bank of Montreal Can boosted its holdings in iShares ESG MSCI EM Leaders ETF by 0.9% in the 3rd quarter. Bank of Montreal Can now owns 85,047 shares of the company’s stock worth $4,345,000 after buying an additional 728 shares during the period.

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.