iShares J.P. Morgan USD Emerging Markets Bond ETF (NASDAQ:EMB) Shares Sold by Sumitomo Life Insurance Co.

Sumitomo Life Insurance Co. reduced its position in iShares J.P. Morgan USD Emerging Markets Bond ETF (NASDAQ:EMB) by 70.7% during the 4th quarter, Holdings Channel.com reports. The firm owned 1,120,786 shares of the exchange traded fund’s stock after selling 2,707,127 shares during the period. iShares J.P. Morgan USD Emerging Markets Bond ETF accounts for about 1.9% of Sumitomo Life Insurance Co.’s portfolio, making the stock its 7th biggest position. Sumitomo Life Insurance Co.’s holdings in iShares J.P. Morgan USD Emerging Markets Bond ETF were worth $99,795,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors have also made changes to their positions in the company. Sunbelt Securities Inc. boosted its position in iShares J.P. Morgan USD Emerging Markets Bond ETF by 149.8% in the second quarter. Sunbelt Securities Inc. now owns 7,720 shares of the exchange traded fund’s stock valued at $683,000 after buying an additional 4,629 shares during the last quarter. RiverFront Investment Group LLC acquired a new stake in iShares J.P. Morgan USD Emerging Markets Bond ETF during the second quarter valued at $301,000. GAMMA Investing LLC raised its position in shares of iShares J.P. Morgan USD Emerging Markets Bond ETF by 112.1% in the third quarter. GAMMA Investing LLC now owns 26,014 shares of the exchange traded fund’s stock worth $2,434,000 after acquiring an additional 13,751 shares during the period. Versant Capital Management Inc grew its position in shares of iShares J.P. Morgan USD Emerging Markets Bond ETF by 1.6% during the 3rd quarter. Versant Capital Management Inc now owns 32,478 shares of the exchange traded fund’s stock valued at $3,039,000 after acquiring an additional 525 shares during the period. Finally, Future Financial Wealth Managment LLC increased its stake in shares of iShares J.P. Morgan USD Emerging Markets Bond ETF by 5.8% in the 3rd quarter. Future Financial Wealth Managment LLC now owns 14,355 shares of the exchange traded fund’s stock valued at $1,343,000 after purchasing an additional 789 shares in the last quarter. 91.08% of the stock is owned by institutional investors and hedge funds.

iShares J.P. Morgan USD Emerging Markets Bond ETF Trading Down 0.0 %

Shares of EMB stock opened at $90.56 on Wednesday. iShares J.P. Morgan USD Emerging Markets Bond ETF has a 12-month low of $86.40 and a 12-month high of $93.97. The business’s 50 day moving average is $90.40 and its two-hundred day moving average is $91.12.

iShares J.P. Morgan USD Emerging Markets Bond ETF Cuts Dividend

The firm also recently announced a dividend, which was paid on Friday, January 3rd. Stockholders of record on Monday, December 30th were given a dividend of $0.2545 per share. The ex-dividend date of this dividend was Monday, December 30th.

iShares J.P. Morgan USD Emerging Markets Bond ETF Company Profile

iShares J.P. Morgan USD Emerging Markets Bond ETF, formerly iShares JPMorgan USD Emerging Markets Bond Fund (the Fund), is an exchange-traded fund. The Fund seeks investment results that correspond generally to the price and yield performance of the JPMorgan EMBI Global Core Index (the Index). The Index is a diverse United States dollar-denominated emerging markets debt benchmark, which tracks the total return of actively traded external debt instruments in emerging market countries.