iShares ESG MSCI EM Leaders ETF (NASDAQ:LDEM) Trading Down 0.5% – What’s Next?

Shares of iShares ESG MSCI EM Leaders ETF (NASDAQ:LDEMGet Free Report) traded down 0.5% during mid-day trading on Friday . The company traded as low as $58.08 and last traded at $58.12. 1,953 shares were traded during trading, a decline of 0% from the average session volume of 1,960 shares. The stock had previously closed at $58.44.

iShares ESG MSCI EM Leaders ETF Price Performance

The company has a market capitalization of $31.97 million, a price-to-earnings ratio of 14.34 and a beta of 0.63. The firm has a fifty day simple moving average of $61.66 and a 200 day simple moving average of $59.71.

iShares ESG MSCI EM Leaders ETF Dividend Announcement

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

Hedge Funds Weigh In On iShares ESG MSCI EM Leaders ETF

Several hedge funds and other institutional investors have recently added to or reduced their stakes in LDEM. OLD Mission Capital LLC grew its position in shares of iShares ESG MSCI EM Leaders ETF by 131.3% in the fourth 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 period. Beta Wealth Group Inc. acquired a new position in shares of iShares ESG MSCI EM Leaders ETF during the 2nd quarter worth about $513,000. Integrity Advisory Solutions LLC acquired a new position in shares of iShares ESG MSCI EM Leaders ETF during the 3rd quarter worth about $387,000. Pathfinder Wealth Consulting Inc. purchased a new position in iShares ESG MSCI EM Leaders ETF in the 4th quarter valued at about $276,000. Finally, Flagship Harbor Advisors LLC purchased a new position in iShares ESG MSCI EM Leaders ETF in the 3rd quarter valued at about $212,000.

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.

Further Reading

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