iShares ESG MSCI EM Leaders ETF (NASDAQ:LDEM) Stock Price Up 0.3% – Still a Buy?

Shares of iShares ESG MSCI EM Leaders ETF (NASDAQ:LDEM) rose 0.3% on Monday . The company traded as high as $58.16 and last traded at $58.03. Approximately 2,228 shares changed hands during trading, a decline of 30% from the average daily volume of 3,169 shares. The stock had previously closed at $57.86.

iShares ESG MSCI EM Leaders ETF Stock Performance

The company has a market cap of $33.29 million, a P/E ratio of 14.34 and a beta of 0.64. The stock has a 50-day moving average of $60.56 and a two-hundred day moving average of $59.81.

Institutional Trading of iShares ESG MSCI EM Leaders ETF

Several institutional investors have recently added to or reduced their stakes in LDEM. OLD Mission Capital LLC boosted its stake in iShares ESG MSCI EM Leaders ETF by 131.3% during the 4th quarter. OLD Mission Capital LLC now owns 60,501 shares of the company’s stock valued at $3,516,000 after purchasing an additional 34,347 shares during the last quarter. Integrity Advisory Solutions LLC purchased a new stake in iShares ESG MSCI EM Leaders ETF during the 3rd quarter valued at $387,000. Pathfinder Wealth Consulting Inc. purchased a new stake in iShares ESG MSCI EM Leaders ETF during the 4th quarter valued at $276,000. Flagship Harbor Advisors LLC purchased a new stake in iShares ESG MSCI EM Leaders ETF during the 3rd quarter valued at $212,000. Finally, Farther Finance Advisors LLC boosted its stake in iShares ESG MSCI EM Leaders ETF by 297.3% during the 4th quarter. Farther Finance Advisors LLC now owns 3,083 shares of the company’s stock valued at $179,000 after purchasing an additional 2,307 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. LDEM was launched on Feb 5, 2020 and is managed by BlackRock.