iShares J.P. Morgan EM High Yield Bond ETF (BATS:EMHY) Shares Up 0% – Time to Buy?

iShares J.P. Morgan EM High Yield Bond ETF (BATS:EMHY)’s share price shot up 0% on Monday . The stock traded as high as $40.99 and last traded at $40.94. 126,636 shares traded hands during trading, an increase of 3% from the average session volume of 123,495 shares. The stock had previously closed at $40.93.

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

The company’s 50-day moving average is $40.56 and its 200-day moving average is $40.11.

Hedge Funds Weigh In On iShares J.P. Morgan EM High Yield Bond ETF

Institutional investors have recently added to or reduced their stakes in the company. Ameriflex Group Inc. grew its stake in iShares J.P. Morgan EM High Yield Bond ETF by 204.3% during the third quarter. Ameriflex Group Inc. now owns 1,570 shares of the company’s stock worth $62,000 after buying an additional 1,054 shares during the last quarter. Private Trust Co. NA bought a new position in iShares J.P. Morgan EM High Yield Bond ETF in the 3rd quarter valued at $127,000. Farther Finance Advisors LLC boosted its stake in iShares J.P. Morgan EM High Yield Bond ETF by 156.6% in the third quarter. Farther Finance Advisors LLC now owns 3,436 shares of the company’s stock worth $136,000 after purchasing an additional 2,097 shares in the last quarter. Arkadios Wealth Advisors bought a new position in shares of iShares J.P. Morgan EM High Yield Bond ETF in the third quarter valued at about $207,000. Finally, Jones Financial Companies Lllp grew its holdings 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 worth $236,000 after acquiring an additional 5,794 shares during the last quarter.

iShares J.P. Morgan EM High Yield Bond ETF Company Profile

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.