iShares J.P. Morgan EM Local Currency Bond ETF (NYSEARCA:LEMB) Trading Up 0.4%

iShares J.P. Morgan EM Local Currency Bond ETF (NYSEARCA:LEMB)’s stock price were up 0.4% on Monday . The company traded as high as $36.23 and last traded at $36.19. Approximately 15,835 shares changed hands during trading, a decline of 78% from the average daily volume of 72,695 shares. The stock had previously closed at $36.06.

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

The firm’s 50-day moving average is $35.96 and its 200-day moving average is $36.12.

Institutional Trading of iShares J.P. Morgan EM Local Currency Bond ETF

Institutional investors and hedge funds have recently modified their holdings of the stock. Leavell Investment Management Inc. boosted its holdings in iShares J.P. Morgan EM Local Currency Bond ETF by 4.7% during the 4th quarter. Leavell Investment Management Inc. now owns 6,860 shares of the company’s stock worth $252,000 after acquiring an additional 309 shares during the last quarter. Fisher Asset Management LLC purchased a new position in iShares J.P. Morgan EM Local Currency Bond ETF during the fourth quarter worth about $362,000. Life Planning Partners Inc bought a new stake in iShares J.P. Morgan EM Local Currency Bond ETF in the 4th quarter worth about $462,000. Finally, Vicus Capital increased its stake in iShares J.P. Morgan EM Local Currency Bond ETF by 17.5% in the 4th quarter. Vicus Capital now owns 25,108 shares of the company’s stock valued at $922,000 after buying an additional 3,735 shares during the last quarter.

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

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.