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

iShares J.P. Morgan EM Local Currency Bond ETF (NYSEARCA:LEMBGet Free Report)’s share price reached a new 52-week high on Tuesday . The company traded as high as $43.43 and last traded at $43.41, with a volume of 3872 shares changing hands. The stock had previously closed at $43.35.

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

The company’s 50-day moving average is $42.59 and its two-hundred day moving average is $42.14.

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

Several large investors have recently made changes to their positions in LEMB. Nilsine Partners LLC lifted its stake in iShares J.P. Morgan EM Local Currency Bond ETF by 2.6% in the second quarter. Nilsine Partners LLC now owns 36,296 shares of the company’s stock valued at $1,540,000 after purchasing an additional 919 shares during the last quarter. Lam Group Inc. increased its position in iShares J.P. Morgan EM Local Currency Bond ETF by 6.8% in the second quarter. Lam Group Inc. now owns 142,385 shares of the company’s stock worth $6,041,000 after buying an additional 9,105 shares during the last quarter. Arkadios Wealth Advisors purchased a new stake in iShares J.P. Morgan EM Local Currency Bond ETF in the first quarter worth $270,000. EverSource Wealth Advisors LLC raised its stake in shares of iShares J.P. Morgan EM Local Currency Bond ETF by 39.6% in the first quarter. EverSource Wealth Advisors LLC now owns 10,653 shares of the company’s stock valued at $435,000 after buying an additional 3,024 shares during the period. Finally, Bank of New York Mellon Corp raised its stake in shares of iShares J.P. Morgan EM Local Currency Bond ETF by 20.4% in 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.

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

(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.

Recommended Stories

Receive News & Ratings for iShares J.P. Morgan EM Local Currency Bond ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for iShares J.P. Morgan EM Local Currency Bond ETF and related companies with MarketBeat.com's FREE daily email newsletter.