Bank of New York Mellon Corp Trims Position in iShares J.P. Morgan EM Local Currency Bond ETF (NYSEARCA:LEMB)

Bank of New York Mellon Corp reduced its holdings in iShares J.P. Morgan EM Local Currency Bond ETF (NYSEARCA:LEMB) by 22.6% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 858,666 shares of the company’s stock after selling 250,515 shares during the period. Bank of New York Mellon Corp owned about 7.16% of iShares J.P. Morgan EM Local Currency Bond ETF worth $30,603,000 at the end of the most recent quarter.

Separately, Fisher Asset Management LLC purchased a new position in iShares J.P. Morgan EM Local Currency Bond ETF during the fourth quarter valued at approximately $362,000.

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

iShares J.P. Morgan EM Local Currency Bond ETF stock opened at $37.17 on Wednesday. iShares J.P. Morgan EM Local Currency Bond ETF has a 12 month low of $34.00 and a 12 month high of $37.77. The stock’s 50 day simple moving average is $36.65 and its two-hundred day simple moving average is $36.22.

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.