iShares J.P. Morgan EM Local Currency Bond ETF (NYSEARCA:LEMB) Shares Up 0.5% – Here’s What Happened

Shares of iShares J.P. Morgan EM Local Currency Bond ETF (NYSEARCA:LEMB) traded up 0.5% on Tuesday . The stock traded as high as $41.90 and last traded at $41.85. 124,391 shares changed hands during trading, a decline of 53% from the average session volume of 266,001 shares. The stock had previously closed at $41.65.

iShares J.P. Morgan EM Local Currency Bond ETF Stock Performance

The stock has a 50-day simple moving average of $41.84 and a 200 day simple moving average of $41.90.

Institutional Trading of iShares J.P. Morgan EM Local Currency Bond ETF

Institutional investors and hedge funds have recently added to or reduced their stakes in the company. Vicus Capital lifted its position in iShares J.P. Morgan EM Local Currency Bond ETF by 152.3% during the 4th quarter. Vicus Capital now owns 26,344 shares of the company’s stock worth $1,095,000 after acquiring an additional 15,901 shares during the period. Foster & Motley Inc. lifted its position in iShares J.P. Morgan EM Local Currency Bond ETF by 12.0% during the 4th quarter. Foster & Motley Inc. now owns 222,468 shares of the company’s stock worth $9,248,000 after acquiring an additional 23,763 shares during the period. Lam Group Inc. lifted its position in iShares J.P. Morgan EM Local Currency Bond ETF by 20.1% during the 4th quarter. Lam Group Inc. now owns 122,170 shares of the company’s stock worth $5,079,000 after acquiring an additional 20,455 shares during the period. Keystone Global Partners LLC acquired a new stake in iShares J.P. Morgan EM Local Currency Bond ETF during the 1st quarter worth about $957,000. Finally, Fisher Asset Management LLC lifted its position in iShares J.P. Morgan EM Local Currency Bond ETF by 3.9% during the 4th quarter. Fisher Asset Management LLC now owns 10,254 shares of the company’s stock worth $426,000 after acquiring an additional 382 shares during the period.

About iShares J.P. Morgan EM Local Currency Bond ETF

The iShares J.P. Morgan EM Local Currency Bond ETF (LEMB) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund tracks a market-value weighted index of sovereign debt denominated in issuers’ local currencies, with limits on country exposure. LEMB was launched on Oct 18, 2011 and is managed by BlackRock.