iShares J.P. Morgan USD Emerging Markets Bond ETF Target of Unusually Large Options Trading (NASDAQ:EMB)

iShares J.P. Morgan USD Emerging Markets Bond ETF (NASDAQ:EMB) was the target of some unusual options trading on Friday. Investors acquired 10,000 put options on the company. This represents an increase of approximately 382% compared to the typical volume of 2,076 put options.

Institutional Inflows and Outflows

Hedge funds have recently modified their holdings of the business. SBI Okasan Asset Management Co.Ltd. purchased a new position in iShares J.P. Morgan USD Emerging Markets Bond ETF during the fourth quarter worth about $650,474,000. JPMorgan Chase & Co. increased its stake in shares of iShares J.P. Morgan USD Emerging Markets Bond ETF by 34.1% during the 3rd quarter. JPMorgan Chase & Co. now owns 11,400,265 shares of the exchange traded fund’s stock valued at $1,085,191,000 after acquiring an additional 2,899,399 shares during the last quarter. Polianta Ltd acquired a new position in shares of iShares J.P. Morgan USD Emerging Markets Bond ETF during the 4th quarter valued at about $223,947,000. Nationwide Fund Advisors increased its stake in shares of iShares J.P. Morgan USD Emerging Markets Bond ETF by 883.0% during the 4th quarter. Nationwide Fund Advisors now owns 2,077,835 shares of the exchange traded fund’s stock valued at $200,054,000 after acquiring an additional 1,866,453 shares during the last quarter. Finally, Sumitomo Life Insurance Co. purchased a new position in shares of iShares J.P. Morgan USD Emerging Markets Bond ETF during the 3rd quarter worth about $123,331,000. 91.08% of the stock is owned by hedge funds and other institutional investors.

iShares J.P. Morgan USD Emerging Markets Bond ETF Price Performance

Shares of iShares J.P. Morgan USD Emerging Markets Bond ETF stock traded down $0.83 on Friday, hitting $93.80. The company’s stock had a trading volume of 1,839,149 shares, compared to its average volume of 10,486,512. iShares J.P. Morgan USD Emerging Markets Bond ETF has a 52-week low of $84.78 and a 52-week high of $97.80. The firm has a fifty day moving average price of $96.49 and a 200-day moving average price of $96.06.

iShares J.P. Morgan USD Emerging Markets Bond ETF Cuts Dividend

The firm also recently declared a monthly dividend, which was paid on Thursday, March 5th. Shareholders of record on Monday, March 2nd were issued a $0.403 dividend. This represents a c) annualized dividend and a dividend yield of 5.2%. The ex-dividend date of this dividend was Monday, March 2nd.

About iShares J.P. Morgan USD Emerging Markets Bond ETF

iShares J.P. Morgan USD Emerging Markets Bond ETF, formerly iShares JPMorgan USD Emerging Markets Bond Fund (the Fund), is an exchange-traded fund. The Fund seeks investment results that correspond generally to the price and yield performance of the JPMorgan EMBI Global Core Index (the Index). The Index is a diverse United States dollar-denominated emerging markets debt benchmark, which tracks the total return of actively traded external debt instruments in emerging market countries. The Fund invests in a representative sample of the securities included in the Index that collectively has an investment profile similar to the Index.