iShares J.P. Morgan EM Corporate Bond ETF (BATS:CEMB) Stock Price Up 0.4% – What’s Next?

iShares J.P. Morgan EM Corporate Bond ETF (BATS:CEMB)’s share price rose 0.4% during mid-day trading on Monday . The company traded as high as $45.92 and last traded at $45.9150. Approximately 55,439 shares changed hands during mid-day trading, an increase of 6% from the average daily volume of 52,441 shares. The stock had previously closed at $45.74.

iShares J.P. Morgan EM Corporate Bond ETF Trading Up 0.4%

The firm’s fifty day moving average is $45.98 and its 200-day moving average is $45.78.

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

A number of hedge funds have recently made changes to their positions in CEMB. Flow Traders U.S. LLC lifted its position in shares of iShares J.P. Morgan EM Corporate Bond ETF by 56.7% in the 2nd quarter. Flow Traders U.S. LLC now owns 53,647 shares of the company’s stock worth $2,438,000 after purchasing an additional 19,409 shares during the period. Ameriprise Financial Inc. increased its position in shares of iShares J.P. Morgan EM Corporate Bond ETF by 162.0% during the second quarter. Ameriprise Financial Inc. now owns 19,618 shares of the company’s stock worth $891,000 after buying an additional 12,129 shares during the period. Migdal Insurance & Financial Holdings Ltd. raised its stake in iShares J.P. Morgan EM Corporate Bond ETF by 25.6% during the second quarter. Migdal Insurance & Financial Holdings Ltd. now owns 10,215 shares of the company’s stock worth $464,000 after buying an additional 2,080 shares during the last quarter. Loomis Sayles & Co. L P raised its stake in iShares J.P. Morgan EM Corporate Bond ETF by 0.8% during the second quarter. Loomis Sayles & Co. L P now owns 235,286 shares of the company’s stock worth $10,691,000 after buying an additional 1,752 shares during the last quarter. Finally, J.Safra Asset Management Corp lifted its holdings in iShares J.P. Morgan EM Corporate Bond ETF by 115.0% in the third quarter. J.Safra Asset Management Corp now owns 2,778 shares of the company’s stock valued at $128,000 after buying an additional 1,486 shares during the period.

About iShares J.P. Morgan EM Corporate Bond ETF

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.