iShares J.P. Morgan EM High Yield Bond ETF (BATS:EMHY) Stock Price Up 0.2% – Here’s What Happened

iShares J.P. Morgan EM High Yield Bond ETF (BATS:EMHY)’s stock price rose 0.2% on Monday . The company traded as high as $40.29 and last traded at $40.23. Approximately 58,084 shares changed hands during mid-day trading, a decline of 49% from the average session volume of 114,199 shares. The stock had previously closed at $40.14.

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

The stock has a 50 day moving average price of $40.45 and a 200-day moving average price of $40.34.

Institutional Trading of iShares J.P. Morgan EM High Yield Bond ETF

Institutional investors and hedge funds have recently added to or reduced their stakes in the business. Strategic Investment Advisors MI purchased a new stake in shares of iShares J.P. Morgan EM High Yield Bond ETF in the 1st quarter worth about $134,000. Arkadios Wealth Advisors lifted its holdings in iShares J.P. Morgan EM High Yield Bond ETF by 10.9% in the fourth quarter. Arkadios Wealth Advisors now owns 5,789 shares of the company’s stock worth $234,000 after buying an additional 567 shares during the period. Jones Financial Companies Lllp boosted its position in iShares J.P. Morgan EM High Yield Bond ETF by 20,692.9% during the 1st quarter. Jones Financial Companies Lllp now owns 5,822 shares of the company’s stock valued at $236,000 after acquiring an additional 5,794 shares in the last quarter. Ruggiero Investments Inc. purchased a new position in shares of iShares J.P. Morgan EM High Yield Bond ETF during the 4th quarter worth approximately $628,000. Finally, Bank of New York Mellon Corp grew its holdings in shares of iShares J.P. Morgan EM High Yield Bond ETF by 92.7% during the 1st quarter. Bank of New York Mellon Corp now owns 19,118 shares of the company’s stock worth $753,000 after acquiring an additional 9,197 shares during the period.

About iShares J.P. Morgan EM High Yield Bond ETF

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.