iShares ESG MSCI EM Leaders ETF (NASDAQ:LDEM) Shares Down 1.3% – Here’s Why

iShares ESG MSCI EM Leaders ETF (NASDAQ:LDEMGet Free Report) shares traded down 1.3% during mid-day trading on Wednesday . The company traded as low as $57.40 and last traded at $57.40. Approximately 793 shares changed hands during mid-day trading, a decline of 65% from the average daily volume of 2,250 shares. The stock had previously closed at $58.16.

iShares ESG MSCI EM Leaders ETF Price Performance

The company’s 50 day moving average is $60.25 and its 200 day moving average is $60.82. The stock has a market cap of $31.57 million, a price-to-earnings ratio of 14.34 and a beta of 0.65.

iShares ESG MSCI EM Leaders ETF Dividend Announcement

The business also recently announced a dividend, which was paid on Thursday, June 18th. Shareholders of record on Monday, June 15th were given a dividend of $0.4964 per share. The ex-dividend date was Monday, June 15th.

Institutional Investors Weigh In On iShares ESG MSCI EM Leaders ETF

Hedge funds and other institutional investors have recently modified their holdings of the stock. CI Investments Inc. boosted its stake in shares of iShares ESG MSCI EM Leaders ETF by 7.7% during the 1st quarter. CI Investments Inc. now owns 12,540 shares of the company’s stock worth $727,000 after acquiring an additional 900 shares in the last quarter. OLD Mission Capital LLC raised its holdings in iShares ESG MSCI EM Leaders ETF by 131.3% during the fourth quarter. OLD Mission Capital LLC now owns 60,501 shares of the company’s stock worth $3,516,000 after purchasing an additional 34,347 shares during the last quarter. Osaic Holdings Inc. raised its holdings in 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 worth $438,000 after purchasing an additional 814 shares during the last quarter. Jane Street Group LLC boosted 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 worth $338,000 after purchasing an additional 625 shares in the last quarter. Finally, Daiwa Securities Group Inc. boosted its position in iShares ESG MSCI EM Leaders ETF by 13.4% during the fourth quarter. Daiwa Securities Group Inc. now owns 15,550 shares of the company’s stock worth $904,000 after purchasing an additional 1,840 shares in the last quarter.

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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