iShares ESG MSCI EM Leaders ETF (NASDAQ:LDEM) Trading Down 0.4% – Here’s Why

Shares of iShares ESG MSCI EM Leaders ETF (NASDAQ:LDEMGet Free Report) traded down 0.4% during trading on Wednesday . The stock traded as low as $62.13 and last traded at $62.1810. Approximately 3,536 shares changed hands during trading, an increase of 75% from the average daily volume of 2,025 shares. The stock had previously closed at $62.45.

iShares ESG MSCI EM Leaders ETF Price Performance

The company has a fifty day moving average of $60.36 and a two-hundred day moving average of $60.56. The stock has a market capitalization of $33.97 million, a P/E ratio of 14.34 and a beta of 0.66.

Hedge Funds Weigh In On iShares ESG MSCI EM Leaders ETF

Hedge funds have recently added to or reduced their stakes in the business. Morling Financial Advisors LLC bought a new position in iShares ESG MSCI EM Leaders ETF in the 4th quarter worth about $27,000. Jane Street Group LLC increased its stake in shares of iShares ESG MSCI EM Leaders ETF by 12.0% in the fourth quarter. Jane Street Group LLC now owns 5,824 shares of the company’s stock valued at $338,000 after purchasing an additional 625 shares during the period. Osaic Holdings Inc. raised its holdings in shares of iShares ESG MSCI EM Leaders ETF by 12.1% during the fourth quarter. Osaic Holdings Inc. now owns 7,537 shares of the company’s stock valued at $438,000 after buying an additional 814 shares during the last quarter. Integrated Wealth Concepts LLC bought a new stake in shares of iShares ESG MSCI EM Leaders ETF during the second quarter valued at approximately $50,000. Finally, Integrity Advisory Solutions LLC boosted its position in shares of iShares ESG MSCI EM Leaders ETF by 12.9% during the fourth quarter. Integrity Advisory Solutions LLC now owns 7,421 shares of the company’s stock worth $431,000 after buying an additional 848 shares during the period.

iShares ESG MSCI EM Leaders ETF Company Profile

(Get Free Report)

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.

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