iShares ESG Advanced MSCI EM ETF (NASDAQ:EMXF) Stock Falls 0.1% – Here’s Why

iShares ESG Advanced MSCI EM ETF (NASDAQ:EMXF) traded down 0.1% during trading on Wednesday. The company traded as low as $54.59 and last traded at $54.79. 2,340 shares traded hands during trading, a decline of 72% from the average daily volume of 8,213 shares. The stock had previously closed at $54.84.

iShares ESG Advanced MSCI EM ETF Price Performance

The firm’s 50-day moving average is $57.13 and its two-hundred day moving average is $56.03. The company has a market cap of $160.17 million, a P/E ratio of 13.05 and a beta of 0.70.

Institutional Inflows and Outflows

A number of institutional investors have recently made changes to their positions in the business. Mather Group LLC. bought a new stake in iShares ESG Advanced MSCI EM ETF during the third quarter worth approximately $27,000. Envestnet Asset Management Inc. purchased a new position in shares of iShares ESG Advanced MSCI EM ETF in the 2nd quarter worth approximately $263,000. Sei Investments Co. raised its holdings in iShares ESG Advanced MSCI EM ETF by 2.5% during the 1st quarter. Sei Investments Co. now owns 229,375 shares of the company’s stock valued at $10,974,000 after buying an additional 5,522 shares during the period. Finally, Optas LLC lifted its position in iShares ESG Advanced MSCI EM ETF by 68.6% in the first quarter. Optas LLC now owns 8,888 shares of the company’s stock worth $425,000 after buying an additional 3,615 shares during the last quarter.

About iShares ESG Advanced MSCI EM ETF

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.