iShares J.P. Morgan EM Local Currency Bond ETF (NYSEARCA:LEMB) Stock Price Up 0.3% – Here’s What Happened

iShares J.P. Morgan EM Local Currency Bond ETF (NYSEARCA:LEMB)’s share price rose 0.3% during trading on Monday . The company traded as high as $42.88 and last traded at $42.85. 42,307 shares changed hands during mid-day trading, a decline of 81% from the average daily volume of 220,492 shares. The stock had previously closed at $42.73.

iShares J.P. Morgan EM Local Currency Bond ETF Stock Down 0.8%

The firm has a fifty day simple moving average of $42.85 and a 200-day simple moving average of $42.20.

Hedge Funds Weigh In On iShares J.P. Morgan EM Local Currency Bond ETF

A number of large investors have recently modified their holdings of the company. Keystone Global Partners LLC bought a new stake in iShares J.P. Morgan EM Local Currency Bond ETF during the 1st quarter valued at $957,000. Foster & Motley Inc. grew its holdings in shares of iShares J.P. Morgan EM Local Currency Bond ETF by 14.9% during the first quarter. Foster & Motley Inc. now owns 255,579 shares of the company’s stock valued at $10,428,000 after buying an additional 33,111 shares during the last quarter. Bank of New York Mellon Corp increased its position in shares of iShares J.P. Morgan EM Local Currency Bond ETF by 20.4% during the first quarter. Bank of New York Mellon Corp now owns 788,747 shares of the company’s stock worth $32,181,000 after acquiring an additional 133,403 shares in the last quarter. Nilsine Partners LLC increased its position in shares of iShares J.P. Morgan EM Local Currency Bond ETF by 2.6% during the second quarter. Nilsine Partners LLC now owns 36,296 shares of the company’s stock worth $1,540,000 after acquiring an additional 919 shares in the last quarter. Finally, Lam Group Inc. raised its holdings in shares of iShares J.P. Morgan EM Local Currency Bond ETF by 6.8% in the 2nd quarter. Lam Group Inc. now owns 142,385 shares of the company’s stock worth $6,041,000 after acquiring an additional 9,105 shares during the last quarter.

iShares J.P. Morgan EM Local Currency Bond ETF Company Profile

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.