iShares J.P. Morgan EM Local Currency Bond ETF $LEMB Shares Bought by Foster & Motley Inc.

Foster & Motley Inc. lifted its stake in iShares J.P. Morgan EM Local Currency Bond ETF (NYSEARCA:LEMB) by 111.1% in the second quarter, HoldingsChannel reports. The fund owned 134,376 shares of the company’s stock after purchasing an additional 70,729 shares during the quarter. Foster & Motley Inc.’s holdings in iShares J.P. Morgan EM Local Currency Bond ETF were worth $5,427,000 at the end of the most recent reporting period.

Separately, Lam Group Inc. lifted its stake in shares of iShares J.P. Morgan EM Local Currency Bond ETF by 55.6% in the 2nd quarter. Lam Group Inc. now owns 84,995 shares of the company’s stock worth $3,433,000 after acquiring an additional 30,370 shares during the period.

iShares J.P. Morgan EM Local Currency Bond ETF Stock Up 0.4%

Shares of NYSEARCA:LEMB opened at $41.52 on Friday. The company has a 50 day moving average of $40.99 and a 200-day moving average of $39.84. iShares J.P. Morgan EM Local Currency Bond ETF has a twelve month low of $35.70 and a twelve month high of $41.65.

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

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.