iShares J.P. Morgan EM High Yield Bond ETF (BATS:EMHY) Trading Up 2.7% – Here’s What Happened

iShares J.P. Morgan EM High Yield Bond ETF (BATS:EMHYGet Free Report) shares were up 2.7% on Monday . The stock traded as high as $39.60 and last traded at $40.2620. Approximately 93,063 shares traded hands during trading, an increase of 11% from the average daily volume of 83,732 shares. The stock had previously closed at $39.20.

iShares J.P. Morgan EM High Yield Bond ETF Stock Performance

The company’s 50-day moving average price is $39.91 and its two-hundred day moving average price is $39.23.

Institutional Inflows and Outflows

Several hedge funds have recently made changes to their positions in the business. Bank of New York Mellon Corp boosted its position in shares of iShares J.P. Morgan EM High Yield Bond ETF by 44.5% during the 1st quarter. Bank of New York Mellon Corp now owns 66,040 shares of the company’s stock valued at $2,525,000 after purchasing an additional 20,334 shares in the last quarter. PNC Financial Services Group Inc. increased its holdings in iShares J.P. Morgan EM High Yield Bond ETF by 50.6% in the first quarter. PNC Financial Services Group Inc. now owns 1,608 shares of the company’s stock worth $61,000 after purchasing an additional 540 shares in the last quarter. Flow Traders U.S. LLC acquired a new position in iShares J.P. Morgan EM High Yield Bond ETF in the first quarter valued at approximately $872,000. Summit Financial LLC bought a new position in shares of iShares J.P. Morgan EM High Yield Bond ETF during the 1st quarter worth approximately $11,516,000. Finally, OLD Mission Capital LLC bought a new position in shares of iShares J.P. Morgan EM High Yield Bond ETF during the 1st quarter worth approximately $559,000.

iShares J.P. Morgan EM High Yield Bond ETF Company Profile

(Get Free Report)

The iShares J.P. Morgan EM High Yield Bond ETF (EMHY) is an exchange-traded fund that mostly invests in high yield fixed income. The fund tracks an index comprising USD denominated emerging markets high yield bonds. EMHY was launched on Apr 3, 2012 and is managed by BlackRock.

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