iShares ESG MSCI EM Leaders ETF (NASDAQ:LDEM) Stock Price Up 0.2% – Should You Buy?

iShares ESG MSCI EM Leaders ETF (NASDAQ:LDEM)’s share price shot up 0.2% during trading on Wednesday . The company traded as high as $63.77 and last traded at $63.59. 2,885 shares were traded during mid-day trading, an increase of 128% from the average session volume of 1,266 shares. The stock had previously closed at $63.48.

iShares ESG MSCI EM Leaders ETF Trading Up 0.2%

The stock has a market cap of $34.97 million, a price-to-earnings ratio of 14.34 and a beta of 0.63. The stock’s 50 day moving average is $59.51 and its two-hundred day moving average is $58.28.

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 dividend of $1.2739 per share. The ex-dividend date of this dividend was Tuesday, December 16th. This represents a dividend yield of 440.0%.

Institutional Trading of iShares ESG MSCI EM Leaders ETF

Several institutional investors and hedge funds have recently added to or reduced their stakes in LDEM. Farther Finance Advisors LLC purchased a new position in shares of iShares ESG MSCI EM Leaders ETF in the 3rd quarter valued at approximately $46,000. Mather Group LLC. acquired a new stake in shares of iShares ESG MSCI EM Leaders ETF during the third quarter worth $56,000. Flagship Harbor Advisors LLC acquired a new position in iShares ESG MSCI EM Leaders ETF in the 3rd quarter valued at $212,000. Integrity Advisory Solutions LLC acquired a new position in iShares ESG MSCI EM Leaders ETF in the 3rd quarter valued at $387,000. Finally, Beta Wealth Group Inc. purchased a new position in iShares ESG MSCI EM Leaders ETF during the 2nd quarter worth $513,000.

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. LDEM was launched on Feb 5, 2020 and is managed by BlackRock.