iShares ESG Advanced MSCI EM ETF (NASDAQ:EMXF) Shares Up 0.5% – Time to Buy?

iShares ESG Advanced MSCI EM ETF (NASDAQ:EMXF) shot up 0.5% during mid-day trading on Thursday . The stock traded as high as $48.53 and last traded at $48.49. 9,200 shares traded hands during trading, an increase of 7% from the average session volume of 8,606 shares. The stock had previously closed at $48.27.

iShares ESG Advanced MSCI EM ETF Stock Performance

The stock has a market cap of $130.92 million, a price-to-earnings ratio of 13.05 and a beta of 0.63. The firm’s 50-day simple moving average is $49.88 and its two-hundred day simple moving average is $47.41.

Institutional Trading of iShares ESG Advanced MSCI EM ETF

A number of hedge funds and other institutional investors have recently modified their holdings of EMXF. Timmons Wealth Management LLC bought a new position in iShares ESG Advanced MSCI EM ETF in the 4th quarter worth approximately $25,000. Kestra Advisory Services LLC bought a new position in iShares ESG Advanced MSCI EM ETF in the 4th quarter valued at $36,000. Smartleaf Asset Management LLC increased its stake in shares of iShares ESG Advanced MSCI EM ETF by 795.7% in the 2nd quarter. Smartleaf Asset Management LLC now owns 1,254 shares of the company’s stock valued at $53,000 after buying an additional 1,114 shares during the period. NBT Bank N A NY increased its stake in shares of iShares ESG Advanced MSCI EM ETF by 13.5% in the 4th quarter. NBT Bank N A NY now owns 2,567 shares of the company’s stock valued at $119,000 after buying an additional 305 shares during the period. Finally, Stewardship Advisors LLC bought a new stake in shares of iShares ESG Advanced MSCI EM ETF during the fourth quarter worth $202,000.

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.