iShares ESG Advanced MSCI EM ETF (NASDAQ:EMXF) Stock Price Break Above Two Hundred Day Moving Average – Here’s What Happened

iShares ESG Advanced MSCI EM ETF (NASDAQ:EMXF)’s share price passed above its 200-day moving average during trading on Wednesday. The stock has a 200-day moving average of $54.06 and traded as high as $54.29. iShares ESG Advanced MSCI EM ETF shares last traded at $54.2940, with a volume of 6,433 shares.

iShares ESG Advanced MSCI EM ETF Stock Performance

The company has a 50 day simple moving average of $56.72 and a two-hundred day simple moving average of $54.11. The company has a market cap of $157.68 million, a PE ratio of 13.05 and a beta of 0.70.

Institutional Inflows and Outflows

Several large investors have recently added to or reduced their stakes in EMXF. Invera Wealth Advisors LLC increased its stake in shares of iShares ESG Advanced MSCI EM ETF by 5.8% in the third quarter. Invera Wealth Advisors LLC now owns 104,753 shares of the company’s stock worth $5,997,000 after acquiring an additional 5,754 shares during the last quarter. Values Added Financial LLC grew its stake in iShares ESG Advanced MSCI EM ETF by 7.2% in the third quarter. Values Added Financial LLC now owns 99,448 shares of the company’s stock valued at $5,693,000 after purchasing an additional 6,638 shares in the last quarter. Mather Group LLC. acquired a new position in iShares ESG Advanced MSCI EM ETF in the 3rd quarter worth about $27,000. Envestnet Asset Management Inc. purchased a new stake in shares of iShares ESG Advanced MSCI EM ETF during the 2nd quarter worth about $263,000. Finally, Sei Investments Co. raised its stake in shares of iShares ESG Advanced MSCI EM ETF by 2.5% during the 1st quarter. Sei Investments Co. now owns 229,375 shares of the company’s stock worth $10,974,000 after purchasing an additional 5,522 shares in the last quarter.

About iShares ESG Advanced MSCI EM ETF

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.