iShares ESG Advanced MSCI EM ETF (NASDAQ:EMXF) Shares Up 0.3% – Here’s Why

iShares ESG Advanced MSCI EM ETF (NASDAQ:EMXF)’s share price were up 0.3% during trading on Friday . The company traded as high as $57.42 and last traded at $57.35. 1,303 shares traded hands during mid-day trading, a decline of 84% from the average daily volume of 8,068 shares. The stock had previously closed at $57.18.

iShares ESG Advanced MSCI EM ETF Price Performance

The stock has a market cap of $166.31 million, a PE ratio of 13.05 and a beta of 0.69. The business has a 50 day moving average price of $56.68 and a two-hundred day moving average price of $52.02.

iShares ESG Advanced MSCI EM ETF Dividend Announcement

The company also recently declared a dividend, which was paid on Thursday, June 18th. Shareholders of record on Monday, June 15th were issued a $0.466 dividend. The ex-dividend date of this dividend was Monday, June 15th.

Hedge Funds Weigh In On iShares ESG Advanced MSCI EM ETF

Hedge funds and other institutional investors have recently modified their holdings of the company. Royal Bank of Canada boosted its holdings in shares of iShares ESG Advanced MSCI EM ETF by 109.7% during the first quarter. Royal Bank of Canada now owns 17,809 shares of the company’s stock worth $681,000 after purchasing an additional 9,317 shares during the period. Sei Investments Co. raised its position in iShares ESG Advanced MSCI EM ETF by 11.5% during the 2nd quarter. Sei Investments Co. now owns 190,014 shares of the company’s stock valued at $8,147,000 after purchasing an additional 19,610 shares during the last quarter. Smartleaf Asset Management LLC lifted its holdings 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 worth $53,000 after buying an additional 1,114 shares during the period. KWB Wealth purchased a new stake in iShares ESG Advanced MSCI EM ETF in the 4th quarter worth approximately $297,000. Finally, Stewardship Advisors LLC bought a new stake in shares of iShares ESG Advanced MSCI EM ETF in the 4th quarter worth approximately $202,000.

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.