Lam Group Inc. Increases Stake in iShares J.P. Morgan EM Local Currency Bond ETF $LEMB

Lam Group Inc. lifted its stake in iShares J.P. Morgan EM Local Currency Bond ETF (NYSEARCA:LEMB) by 19.7% during the 3rd quarter, according to its most recent disclosure with the SEC. The institutional investor owned 101,715 shares of the company’s stock after buying an additional 16,720 shares during the quarter. iShares J.P. Morgan EM Local Currency Bond ETF makes up about 2.6% of Lam Group Inc.’s investment portfolio, making the stock its 14th largest position. Lam Group Inc. owned about 0.98% of iShares J.P. Morgan EM Local Currency Bond ETF worth $4,192,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors have also recently modified their holdings of the stock. Foster & Motley Inc. grew its stake in iShares J.P. Morgan EM Local Currency Bond ETF by 47.9% during the third 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 in the last quarter. Blue Edge Capital LLC grew its position in shares of iShares J.P. Morgan EM Local Currency Bond ETF by 2.4% during the second quarter. Blue Edge Capital LLC now owns 73,929 shares of the company’s stock valued at $2,986,000 after purchasing an additional 1,730 shares in the last quarter. Banco Bilbao Vizcaya Argentaria S.A. grew its position in shares of iShares J.P. Morgan EM Local Currency Bond ETF by 6.3% during the second quarter. Banco Bilbao Vizcaya Argentaria S.A. now owns 61,400 shares of the company’s stock valued at $2,478,000 after purchasing an additional 3,619 shares in the last quarter. Ameriprise Financial Inc. increased its holdings in shares of iShares J.P. Morgan EM Local Currency Bond ETF by 34.8% in the second quarter. Ameriprise Financial Inc. now owns 50,779 shares of the company’s stock worth $2,051,000 after purchasing an additional 13,115 shares during the last quarter. Finally, Flow Traders U.S. LLC purchased a new stake in shares of iShares J.P. Morgan EM Local Currency Bond ETF in the second quarter worth about $2,037,000.

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

Shares of iShares J.P. Morgan EM Local Currency Bond ETF stock opened at $41.66 on Thursday. The stock has a 50 day moving average of $41.75 and a 200 day moving average of $41.11. iShares J.P. Morgan EM Local Currency Bond ETF has a 12 month low of $35.70 and a 12 month high of $42.30.

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.