iShares J.P. Morgan EM Local Currency Bond ETF (NYSEARCA:LEMB) Sees Strong Trading Volume – Here’s What Happened

iShares J.P. Morgan EM Local Currency Bond ETF (NYSEARCA:LEMBGet Free Report) shares saw an uptick in trading volume on Tuesday . Approximately 208,859 shares changed hands during mid-day trading, a decline of 14% from the previous session’s volume of 243,366 shares.The stock last traded at $42.31 and had previously closed at $42.27.

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

The company’s fifty day moving average is $42.18 and its 200-day moving average is $42.02.

Institutional Investors Weigh In On iShares J.P. Morgan EM Local Currency Bond ETF

A number of hedge funds have recently bought and sold shares of the company. Farther Finance Advisors LLC bought a new position in shares of iShares J.P. Morgan EM Local Currency Bond ETF in the fourth quarter worth about $116,000. Arkadios Wealth Advisors acquired a new position in shares of iShares J.P. Morgan EM Local Currency Bond ETF during the 1st quarter worth about $270,000. EverSource Wealth Advisors LLC boosted its stake in iShares J.P. Morgan EM Local Currency Bond ETF by 172.1% during the 4th quarter. EverSource Wealth Advisors LLC now owns 7,629 shares of the company’s stock valued at $317,000 after purchasing an additional 4,825 shares during the period. Fisher Asset Management LLC boosted its stake in iShares J.P. Morgan EM Local Currency Bond ETF by 3.9% during the 4th quarter. Fisher Asset Management LLC now owns 10,254 shares of the company’s stock valued at $426,000 after purchasing an additional 382 shares during the period. Finally, Keystone Global Partners LLC acquired a new stake in iShares J.P. Morgan EM Local Currency Bond ETF in the 1st quarter valued at approximately $957,000.

About iShares J.P. Morgan EM Local Currency Bond ETF

(Get Free Report)

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.

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