Aci Emerging Markets Bond Etf (NYSEARCA:AEMB) Shares Cross Below Two Hundred Day Moving Average – Time to Sell?

Aci Emerging Markets Bond Etf (NYSEARCA:AEMB) crossed below its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of $38.98 and traded as low as $38.98. Aci Emerging Markets Bond Etf shares last traded at $39.18, with a volume of 100 shares traded.

Aci Emerging Markets Bond Etf Stock Performance

The business has a 50-day moving average of $39.18 and a two-hundred day moving average of $38.98.

Institutional Inflows and Outflows

An institutional investor recently raised its position in Aci Emerging Markets Bond Etf stock. Envestnet Asset Management Inc. boosted its holdings in shares of Aci Emerging Markets Bond Etf (NYSEARCA:AEMB) by 59.7% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 54,791 shares of the company’s stock after buying an additional 20,489 shares during the period. Envestnet Asset Management Inc. owned approximately 7.31% of Aci Emerging Markets Bond Etf worth $2,095,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

About Aci Emerging Markets Bond Etf

The American Century Emerging Markets Bond ETF (AEMB) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund is an actively managed fund that invests in both investment- and non-investment grade government and corporate bonds from emerging market countries denominated predominately in US dollar but also local currencies.