iShares ESG MSCI EM Leaders ETF (NASDAQ:LDEM) Shares Up 0% – Should You Buy?

iShares ESG MSCI EM Leaders ETF (NASDAQ:LDEM) shares shot up 0% on Monday . The company traded as high as $51.87 and last traded at $51.73. 2,521 shares changed hands during trading, an increase of 13% from the average session volume of 2,240 shares. The stock had previously closed at $51.73.

iShares ESG MSCI EM Leaders ETF Stock Up 0.0%

The company has a market cap of $28.45 million, a price-to-earnings ratio of 13.63 and a beta of 0.78. The stock has a fifty day moving average price of $48.64 and a two-hundred day moving average price of $47.68.

Institutional Investors Weigh In On iShares ESG MSCI EM Leaders ETF

Hedge funds and other institutional investors have recently modified their holdings of the company. Commonwealth Equity Services LLC increased its position in shares of iShares ESG MSCI EM Leaders ETF by 12.1% in the fourth quarter. Commonwealth Equity Services LLC now owns 81,464 shares of the company’s stock worth $3,696,000 after purchasing an additional 8,788 shares during the period. Ariadne Wealth Management LP bought a new position in shares of iShares ESG MSCI EM Leaders ETF in the fourth quarter worth $251,000. OLD Mission Capital LLC increased its position in shares of iShares ESG MSCI EM Leaders ETF by 60.5% in the fourth quarter. OLD Mission Capital LLC now owns 65,108 shares of the company’s stock worth $2,954,000 after purchasing an additional 24,544 shares during the period. Daiwa Securities Group Inc. bought a new position in shares of iShares ESG MSCI EM Leaders ETF in the fourth quarter worth $679,000. Finally, Values Added Financial LLC increased its position in shares of iShares ESG MSCI EM Leaders ETF by 8.8% in the fourth quarter. Values Added Financial LLC now owns 10,594 shares of the company’s stock worth $481,000 after purchasing an additional 854 shares during the period.

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.