iShares J.P. Morgan EM Corporate Bond ETF (BATS:CEMB) Stock Price Down 0.2% – Time to Sell?

Shares of iShares J.P. Morgan EM Corporate Bond ETF (BATS:CEMB) traded down 0.2% on Thursday . The stock traded as low as $45.71 and last traded at $45.73. 54,131 shares traded hands during trading, a decline of 5% from the average session volume of 57,127 shares. The stock had previously closed at $45.80.

iShares J.P. Morgan EM Corporate Bond ETF Price Performance

The firm’s 50-day simple moving average is $45.62 and its 200 day simple moving average is $45.88.

Institutional Trading of iShares J.P. Morgan EM Corporate Bond ETF

Several hedge funds have recently modified their holdings of CEMB. Bank of New York Mellon Corp raised its stake in shares of iShares J.P. Morgan EM Corporate Bond ETF by 128.2% in the first quarter. Bank of New York Mellon Corp now owns 13,192 shares of the company’s stock valued at $597,000 after acquiring an additional 7,410 shares during the last quarter. Loomis Sayles & Co. L P increased its holdings in iShares J.P. Morgan EM Corporate Bond ETF by 12.6% during the 4th quarter. Loomis Sayles & Co. L P now owns 280,952 shares of the company’s stock valued at $12,887,000 after purchasing an additional 31,404 shares in the last quarter. J.Safra Asset Management Corp increased its holdings in iShares J.P. Morgan EM Corporate Bond ETF by 10.0% during the 4th quarter. J.Safra Asset Management Corp now owns 3,056 shares of the company’s stock valued at $140,000 after purchasing an additional 278 shares in the last quarter. Stronghold Wealth Management L.L.C. bought a new position in iShares J.P. Morgan EM Corporate Bond ETF in the 4th quarter valued at $589,000. Finally, Migdal Insurance & Financial Holdings Ltd. raised its position in iShares J.P. Morgan EM Corporate Bond ETF by 27.2% in the 4th quarter. Migdal Insurance & Financial Holdings Ltd. now owns 14,743 shares of the company’s stock valued at $676,000 after purchasing an additional 3,153 shares during the last quarter.

iShares J.P. Morgan EM Corporate Bond ETF Company Profile

The iShares J.P. Morgan EM Corporate Bond ETF (CEMB) is an exchange-traded fund that is based on the JP Morgan CEMBI Broad Diversified index. The fund tracks an index of US-dollar-denominated bonds issued by corporations based in emerging markets. CEMB was launched on Apr 17, 2012 and is managed by BlackRock.