iShares J.P. Morgan EM High Yield Bond ETF (BATS:EMHY) Shares Up 0.4% – Time to Buy?

iShares J.P. Morgan EM High Yield Bond ETF (BATS:EMHY) were up 0.4% on Monday . The stock traded as high as $39.81 and last traded at $39.72. Approximately 69,755 shares were traded during trading, a decline of 46% from the average daily volume of 130,035 shares. The stock had previously closed at $39.57.

iShares J.P. Morgan EM High Yield Bond ETF Stock Up 0.4%

The business’s 50 day moving average price is $40.55 and its 200-day moving average price is $40.20.

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

Several institutional investors have recently bought and sold shares of the business. Sound Income Strategies LLC boosted its stake in iShares J.P. Morgan EM High Yield Bond ETF by 0.5% in the fourth quarter. Sound Income Strategies LLC now owns 1,007,306 shares of the company’s stock worth $40,776,000 after purchasing an additional 4,697 shares in the last quarter. Mount Lucas Management LP increased its stake in shares of iShares J.P. Morgan EM High Yield Bond ETF by 2.2% in the third quarter. Mount Lucas Management LP now owns 68,856 shares of the company’s stock valued at $2,733,000 after buying an additional 1,455 shares in the last quarter. Ruggiero Investments Inc. acquired a new stake in shares of iShares J.P. Morgan EM High Yield Bond ETF in the fourth quarter valued at $628,000. Jones Financial Companies Lllp raised its holdings in shares of iShares J.P. Morgan EM High Yield Bond ETF by 20,692.9% in the first quarter. Jones Financial Companies Lllp now owns 5,822 shares of the company’s stock valued at $236,000 after buying an additional 5,794 shares during the last quarter. Finally, Arkadios Wealth Advisors raised its holdings in shares of iShares J.P. Morgan EM High Yield Bond ETF by 10.9% in the fourth quarter. Arkadios Wealth Advisors now owns 5,789 shares of the company’s stock valued at $234,000 after buying an additional 567 shares during the last quarter.

About iShares J.P. Morgan EM High Yield Bond ETF

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.