iShares J.P. Morgan EM Local Currency Bond ETF (NYSEARCA:LEMB) Sets New 1-Year High – Here’s What Happened

Shares of iShares J.P. Morgan EM Local Currency Bond ETF (NYSEARCA:LEMB) reached a new 52-week high on Thursday . The stock traded as high as $43.13 and last traded at $43.12, with a volume of 87480 shares traded. The stock had previously closed at $42.97.

iShares J.P. Morgan EM Local Currency Bond ETF Trading Up 0.2%

The company’s 50-day moving average price is $42.41 and its two-hundred day moving average price is $42.11.

Institutional Investors Weigh In On iShares J.P. Morgan EM Local Currency Bond ETF

A number of large investors have recently made changes to their positions in LEMB. Bank of New York Mellon Corp increased its position in shares of iShares J.P. Morgan EM Local Currency Bond ETF by 20.4% during the first quarter. Bank of New York Mellon Corp now owns 788,747 shares of the company’s stock valued at $32,181,000 after buying an additional 133,403 shares during the period. Foster & Motley Inc. grew its holdings in shares of iShares J.P. Morgan EM Local Currency Bond ETF by 14.9% during the 1st quarter. Foster & Motley Inc. now owns 255,579 shares of the company’s stock worth $10,428,000 after acquiring an additional 33,111 shares during the period. Keystone Global Partners LLC purchased a new position in shares of iShares J.P. Morgan EM Local Currency Bond ETF in the 1st quarter valued at approximately $957,000. Lam Group Inc. lifted its stake in shares of iShares J.P. Morgan EM Local Currency Bond ETF by 20.1% in the 4th quarter. Lam Group Inc. now owns 122,170 shares of the company’s stock valued at $5,079,000 after purchasing an additional 20,455 shares during the period. Finally, Banco Bilbao Vizcaya Argentaria S.A. boosted its position in shares of iShares J.P. Morgan EM Local Currency Bond ETF by 22.1% during the fourth quarter. Banco Bilbao Vizcaya Argentaria S.A. now owns 81,195 shares of the company’s stock valued at $3,384,000 after purchasing an additional 14,723 shares in 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.