iShares ESG MSCI EM Leaders ETF (NASDAQ:LDEM) Shares Down 1.8% – Here’s What Happened

iShares ESG MSCI EM Leaders ETF (NASDAQ:LDEM) traded down 1.8% during mid-day trading on Tuesday . The company traded as low as $59.12 and last traded at $59.19. Approximately 166 shares traded hands during trading, a decline of 93% from the average session volume of 2,445 shares. The stock had previously closed at $60.26.

iShares ESG MSCI EM Leaders ETF Stock Performance

The company has a 50-day moving average of $61.22 and a 200-day moving average of $60.80. The stock has a market cap of $32.91 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 paid a $0.4964 dividend. The ex-dividend date was Monday, June 15th.

Institutional Investors Weigh In On iShares ESG MSCI EM Leaders ETF

Large investors have recently modified their holdings of the stock. 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 in the last quarter. Osaic Holdings Inc. lifted its position in iShares ESG MSCI EM Leaders ETF by 12.1% in the fourth quarter. Osaic Holdings Inc. now owns 7,537 shares of the company’s stock valued at $438,000 after purchasing an additional 814 shares during the period. CI Investments Inc. boosted its holdings in iShares ESG MSCI EM Leaders ETF by 10.4% in the 4th quarter. CI Investments Inc. now owns 11,640 shares of the company’s stock valued at $676,000 after purchasing an additional 1,100 shares in the last quarter. Jane Street Group LLC increased its position in iShares ESG MSCI EM Leaders ETF by 12.0% during the 4th quarter. Jane Street Group LLC now owns 5,824 shares of the company’s stock worth $338,000 after purchasing an additional 625 shares during the period. Finally, Daiwa Securities Group Inc. increased its position in iShares ESG MSCI EM Leaders ETF by 13.4% during the 4th 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 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. LDEM was launched on Feb 5, 2020 and is managed by BlackRock.