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

iShares ESG MSCI EM Leaders ETF (NASDAQ:LDEM) shares were up 1.3% on Tuesday . The company traded as high as $49.41 and last traded at $49.41. Approximately 9,578 shares changed hands during trading, an increase of 399% from the average daily volume of 1,919 shares. The stock had previously closed at $48.79.

iShares ESG MSCI EM Leaders ETF Trading Up 1.3 %

The stock has a market capitalization of $32.12 million, a price-to-earnings ratio of 12.47 and a beta of 0.78. The firm has a 50-day moving average of $48.68 and a 200-day moving average of $46.61.

Institutional Investors Weigh In On iShares ESG MSCI EM Leaders ETF

Large investors have recently bought and sold shares of the company. Addison Advisors LLC lifted its position in iShares ESG MSCI EM Leaders ETF by 21.1% during the second quarter. Addison Advisors LLC now owns 1,380 shares of the company’s stock valued at $62,000 after purchasing an additional 240 shares during the period. Cliftonlarsonallen Wealth Advisors LLC raised its stake in shares of iShares ESG MSCI EM Leaders ETF by 16.0% during the 2nd quarter. Cliftonlarsonallen Wealth Advisors LLC now owns 19,864 shares of the company’s stock valued at $896,000 after buying an additional 2,745 shares during the last quarter. Beta Wealth Group Inc. acquired a new position in shares of iShares ESG MSCI EM Leaders ETF in the 3rd quarter valued at about $210,000. Commonwealth Equity Services LLC boosted its stake in shares of iShares ESG MSCI EM Leaders ETF by 9.9% in the second quarter. Commonwealth Equity Services LLC now owns 70,531 shares of the company’s stock worth $3,181,000 after buying an additional 6,335 shares during the last quarter. Finally, Flow Traders U.S. LLC grew its holdings in iShares ESG MSCI EM Leaders ETF by 35.2% during the first quarter. Flow Traders U.S. LLC now owns 71,893 shares of the company’s stock worth $3,151,000 after acquiring an additional 18,711 shares during the period.

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.