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

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

iShares ESG MSCI EM Leaders ETF Stock Performance

The company has a market cap of $30.84 million, a price-to-earnings ratio of 12.47 and a beta of 0.78. The stock’s fifty day moving average is $48.91 and its two-hundred day moving average is $46.94.

Institutional Investors Weigh In On iShares ESG MSCI EM Leaders ETF

Several institutional investors and hedge funds have recently added to or reduced their stakes in the company. Bank of Montreal Can increased its stake 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 valued at $4,345,000 after buying an additional 728 shares during the last quarter. Commonwealth Equity Services LLC increased its stake 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 valued at $3,181,000 after buying an additional 6,335 shares during the last quarter. Cliftonlarsonallen Wealth Advisors LLC increased its stake in shares of iShares ESG MSCI EM Leaders ETF by 16.0% during the 2nd quarter. Cliftonlarsonallen Wealth Advisors LLC now owns 19,864 shares of the company’s stock worth $896,000 after purchasing an additional 2,745 shares during the last quarter. Beta Wealth Group Inc. purchased a new stake in shares of iShares ESG MSCI EM Leaders ETF during the 3rd quarter worth approximately $210,000. Finally, Addison Advisors LLC increased its stake in shares of iShares ESG MSCI EM Leaders ETF by 21.1% during the 2nd quarter. Addison Advisors LLC now owns 1,380 shares of the company’s stock worth $62,000 after purchasing an additional 240 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.