iShares ESG MSCI EM Leaders ETF (NASDAQ:LDEM) Trading 1.3% Higher – Still a Buy?

Posted by Anthony Miller on Nov 7th, 2024

iShares ESG MSCI EM Leaders ETF (NASDAQ:LDEM – Get Free Report) shares rose 1.3% during mid-day trading on Tuesday . The company traded as high as $49.41 and last traded at $49.41. Approximately 9,578 shares were traded 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 1.6 %

The firm has a market cap of $32.21 million, a P/E ratio of 12.47 and a beta of 0.78. The firm’s 50 day moving average is $48.72 and its two-hundred day moving average is $46.62.

Institutional Trading of iShares ESG MSCI EM Leaders ETF

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