Shares of iShares J.P. Morgan EM Local Currency Bond ETF (NYSEARCA:LEMB – Get Free Report) saw unusually-strong trading volume on Wednesday . 362,475 shares were traded during trading, an increase of 49% from the previous session’s volume of 243,105 shares.The stock last traded at $42.46 and had previously closed at $42.53.
iShares J.P. Morgan EM Local Currency Bond ETF Stock Performance
The firm’s 50-day moving average is $42.16 and its 200-day moving average is $42.00.
Institutional Inflows and Outflows
Several institutional investors have recently made changes to their positions in LEMB. Farther Finance Advisors LLC bought a new stake in shares of iShares J.P. Morgan EM Local Currency Bond ETF during the fourth quarter valued at approximately $116,000. Arkadios Wealth Advisors bought a new position in iShares J.P. Morgan EM Local Currency Bond ETF in the first quarter worth $270,000. Rosenberg Matthew Hamilton raised its holdings in iShares J.P. Morgan EM Local Currency Bond ETF by 5.9% in the fourth quarter. Rosenberg Matthew Hamilton now owns 6,959 shares of the company’s stock worth $289,000 after purchasing an additional 387 shares in the last quarter. EverSource Wealth Advisors LLC lifted its position in iShares J.P. Morgan EM Local Currency Bond ETF by 172.1% during the fourth quarter. EverSource Wealth Advisors LLC now owns 7,629 shares of the company’s stock valued at $317,000 after buying an additional 4,825 shares during the period. Finally, Fisher Asset Management LLC lifted its position in iShares J.P. Morgan EM Local Currency Bond ETF by 3.9% during the fourth quarter. Fisher Asset Management LLC now owns 10,254 shares of the company’s stock valued at $426,000 after buying an additional 382 shares during the period.
iShares J.P. Morgan EM Local Currency Bond ETF Company Profile
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.
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