iShares J.P. Morgan EM Local Currency Bond ETF (NYSEARCA:LEMB) Shares Down 0.1% – Time to Sell?

iShares J.P. Morgan EM Local Currency Bond ETF (NYSEARCA:LEMB)’s share price traded down 0.1% on Monday. The stock traded as low as $42.39 and last traded at $42.40. 165,797 shares changed hands during trading, a decline of 23% from the average session volume of 215,821 shares. The stock had previously closed at $42.43.

iShares J.P. Morgan EM Local Currency Bond ETF Price Performance

The firm has a 50 day simple moving average of $42.77 and a 200-day simple moving average of $42.38.

Institutional Trading of iShares J.P. Morgan EM Local Currency Bond ETF

A number of institutional investors have recently modified their holdings of the stock. NFSG Corp acquired a new stake in shares of iShares J.P. Morgan EM Local Currency Bond ETF during the third quarter valued at about $49,000. Arkadios Wealth Advisors acquired a new position in shares of iShares J.P. Morgan EM Local Currency Bond ETF in the first quarter valued at approximately $270,000. Rosenberg Matthew Hamilton raised its holdings in iShares J.P. Morgan EM Local Currency Bond ETF by 11.9% in the 3rd quarter. Rosenberg Matthew Hamilton now owns 8,208 shares of the company’s stock valued at $347,000 after buying an additional 874 shares during the last quarter. EverSource Wealth Advisors LLC raised its holdings in iShares J.P. Morgan EM Local Currency Bond ETF by 39.6% in the 1st quarter. EverSource Wealth Advisors LLC now owns 10,653 shares of the company’s stock valued at $435,000 after buying an additional 3,024 shares during the last quarter. Finally, Keystone Global Partners LLC acquired a new stake in iShares J.P. Morgan EM Local Currency Bond ETF during the 1st quarter worth approximately $957,000.

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.