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) saw strong trading volume on Thursday . 595,630 shares traded hands during mid-day trading, an increase of 143% from the previous session’s volume of 244,642 shares.The stock last traded at $41.8050 and had previously closed at $41.76.

iShares J.P. Morgan EM Local Currency Bond ETF Trading Up 0.1%

The business’s fifty day simple moving average is $41.78 and its 200-day simple moving average is $41.17.

Institutional Inflows and Outflows

A number of institutional investors have recently made changes to their positions in the company. Oak Family Advisors LLC purchased a new stake in shares of iShares J.P. Morgan EM Local Currency Bond ETF in the third quarter worth about $997,000. Banco Bilbao Vizcaya Argentaria S.A. raised its holdings in shares of iShares J.P. Morgan EM Local Currency Bond ETF by 6.3% during the 2nd quarter. Banco Bilbao Vizcaya Argentaria S.A. now owns 61,400 shares of the company’s stock worth $2,478,000 after acquiring an additional 3,619 shares in the last quarter. Foster & Motley Inc. boosted its position in shares of iShares J.P. Morgan EM Local Currency Bond ETF by 47.9% during the 3rd quarter. Foster & Motley Inc. now owns 198,705 shares of the company’s stock valued at $8,189,000 after acquiring an additional 64,329 shares during the last quarter. Lam Group Inc. increased its position in iShares J.P. Morgan EM Local Currency Bond ETF by 19.7% in the third quarter. Lam Group Inc. now owns 101,715 shares of the company’s stock worth $4,192,000 after purchasing an additional 16,720 shares during the last quarter. Finally, Flow Traders U.S. LLC bought a new stake in iShares J.P. Morgan EM Local Currency Bond ETF in the second quarter worth $2,037,000.

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

(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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