iShares ESG Advanced MSCI EM ETF (NASDAQ:EMXF) Stock Price Up 0.4% – Time to Buy?

Shares of iShares ESG Advanced MSCI EM ETF (NASDAQ:EMXF) rose 0.4% during mid-day trading on Monday . The company traded as high as $57.60 and last traded at $57.08. Approximately 5,137 shares traded hands during trading, a decline of 37% from the average daily volume of 8,191 shares. The stock had previously closed at $56.83.

iShares ESG Advanced MSCI EM ETF Trading Down 2.1%

The firm has a market cap of $162.08 million, a PE ratio of 13.05 and a beta of 0.70. The company has a 50 day moving average price of $56.57 and a 200 day moving average price of $53.54.

iShares ESG Advanced MSCI EM ETF Dividend Announcement

The company also recently announced a dividend, which was paid on Thursday, June 18th. Shareholders of record on Monday, June 15th were issued a $0.466 dividend. The ex-dividend date of this dividend was Monday, June 15th.

Institutional Inflows and Outflows

A number of hedge funds have recently made changes to their positions in EMXF. Timmons Wealth Management LLC purchased a new stake in shares of iShares ESG Advanced MSCI EM ETF in the 4th quarter worth about $25,000. Kestra Advisory Services LLC acquired a new position in iShares ESG Advanced MSCI EM ETF during the fourth quarter worth about $36,000. Smartleaf Asset Management LLC raised its position in iShares ESG Advanced MSCI EM ETF by 795.7% during the second quarter. Smartleaf Asset Management LLC now owns 1,254 shares of the company’s stock worth $53,000 after acquiring an additional 1,114 shares during the last quarter. Financially in Tune LLC purchased a new stake in shares of iShares ESG Advanced MSCI EM ETF in the fourth quarter valued at about $213,000. Finally, Mccarter Private Wealth Services LLC purchased a new stake in shares of iShares ESG Advanced MSCI EM ETF in the fourth quarter valued at about $254,000.

iShares ESG Advanced MSCI EM ETF Company Profile

The iShares ESG Advanced MSCI EM ETF (EMXF) is an exchange-traded fund that mostly invests in total market equity. The fund tracks a market cap-weighted index of large- and mid-cap equities in emerging markets, screened for positive ESG rating while also screening for involvement in controversial activities. EMXF was launched on Oct 6, 2020 and is managed by BlackRock.