Stronghold Wealth Management L.L.C. Takes $589,000 Position in iShares J.P. Morgan EM Corporate Bond ETF $CEMB

Stronghold Wealth Management L.L.C. acquired a new stake in shares of iShares J.P. Morgan EM Corporate Bond ETF (BATS:CEMB) during the fourth quarter, HoldingsChannel reports. The institutional investor acquired 12,835 shares of the company’s stock, valued at approximately $589,000.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the stock. Ameriprise Financial Inc. grew its holdings in shares of iShares J.P. Morgan EM Corporate Bond ETF by 162.0% during the second quarter. Ameriprise Financial Inc. now owns 19,618 shares of the company’s stock worth $891,000 after buying an additional 12,129 shares in the last quarter. Migdal Insurance & Financial Holdings Ltd. lifted its position in iShares J.P. Morgan EM Corporate Bond ETF by 27.2% during the fourth quarter. Migdal Insurance & Financial Holdings Ltd. now owns 14,743 shares of the company’s stock worth $676,000 after buying an additional 3,153 shares during the period. J.Safra Asset Management Corp lifted its position in iShares J.P. Morgan EM Corporate Bond ETF by 115.0% during the third quarter. J.Safra Asset Management Corp now owns 2,778 shares of the company’s stock worth $128,000 after buying an additional 1,486 shares during the period. Finally, BNP Paribas Financial Markets boosted its stake in iShares J.P. Morgan EM Corporate Bond ETF by 106.6% in the 3rd quarter. BNP Paribas Financial Markets now owns 2,083 shares of the company’s stock worth $96,000 after buying an additional 1,075 shares during the last quarter.

iShares J.P. Morgan EM Corporate Bond ETF Stock Performance

CEMB opened at $45.50 on Monday. iShares J.P. Morgan EM Corporate Bond ETF has a 12 month low of $44.50 and a 12 month high of $46.50. The business has a 50-day moving average of $45.55 and a two-hundred day moving average of $45.86.

iShares J.P. Morgan EM Corporate Bond ETF Profile

The iShares J.P. Morgan EM Corporate Bond ETF (CEMB) is an exchange-traded fund that is based on the JP Morgan CEMBI Broad Diversified index. The fund tracks an index of US-dollar-denominated bonds issued by corporations based in emerging markets. CEMB was launched on Apr 17, 2012 and is managed by BlackRock.