iShares J.P. Morgan EM Local Currency Bond ETF (NYSEARCA:LEMB) Shares Up 0.6%

Shares of iShares J.P. Morgan EM Local Currency Bond ETF (NYSEARCA:LEMB) were up 0.6% on Tuesday . The stock traded as high as $37.30 and last traded at $37.21. Approximately 348,504 shares changed hands during trading, an increase of 340% from the average daily volume of 79,251 shares. The stock had previously closed at $36.97.

iShares J.P. Morgan EM Local Currency Bond ETF Trading Up 0.6 %

The firm has a 50-day moving average of $36.16 and a 200-day moving average of $36.06.

Institutional Inflows and Outflows

An institutional investor recently bought a new position in iShares J.P. Morgan EM Local Currency Bond ETF stock. Fisher Asset Management LLC purchased a new stake in shares of iShares J.P. Morgan EM Local Currency Bond ETF (NYSEARCA:LEMB) in the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor purchased 9,872 shares of the company’s stock, valued at approximately $362,000. Fisher Asset Management LLC owned 0.06% of iShares J.P. Morgan EM Local Currency Bond ETF as of its most recent SEC filing.

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.