iShares ESG MSCI EM Leaders ETF (NASDAQ:LDEM) Stock Price Down 0.5% – Should You Sell?

iShares ESG MSCI EM Leaders ETF (NASDAQ:LDEM) shares were down 0.5% during trading on Friday . The stock traded as low as $58.08 and last traded at $58.12. Approximately 1,953 shares changed hands during trading, a decline of 0% from the average daily volume of 1,960 shares. The stock had previously closed at $58.44.

iShares ESG MSCI EM Leaders ETF Price Performance

The stock has a 50-day moving average price of $61.66 and a two-hundred day moving average price of $59.73. The stock has a market cap of $31.97 million, a PE ratio of 14.34 and a beta of 0.63.

iShares ESG MSCI EM Leaders ETF Dividend Announcement

The company also recently declared a dividend, which was paid on Friday, December 19th. Shareholders of record on Tuesday, December 16th were issued a dividend of $1.2739 per share. This represents a yield of 440.0%. The ex-dividend date was Tuesday, December 16th.

Institutional Trading of iShares ESG MSCI EM Leaders ETF

Hedge funds have recently modified their holdings of the company. Beta Wealth Group Inc. purchased a new position in shares of iShares ESG MSCI EM Leaders ETF in the second quarter valued at $513,000. Jane Street Group LLC lifted its position in iShares ESG MSCI EM Leaders ETF by 12.0% during 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 last quarter. Integrity Advisory Solutions LLC grew its stake in shares of iShares ESG MSCI EM Leaders ETF by 12.9% in the 4th quarter. Integrity Advisory Solutions LLC now owns 7,421 shares of the company’s stock worth $431,000 after buying an additional 848 shares in the last quarter. Pathfinder Wealth Consulting Inc. purchased a new position in shares of iShares ESG MSCI EM Leaders ETF in the 4th quarter worth $276,000. Finally, Morling Financial Advisors LLC bought a new stake in shares of iShares ESG MSCI EM Leaders ETF in the 4th quarter worth about $27,000.

About iShares ESG MSCI EM Leaders ETF

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.