iShares J.P. Morgan EM Local Currency Bond ETF (NYSEARCA:LEMB) Sets New 12-Month High – Here’s What Happened

iShares J.P. Morgan EM Local Currency Bond ETF (NYSEARCA:LEMB)’s share price hit a new 52-week high on Saturday . The stock traded as high as $42.32 and last traded at $42.30, with a volume of 685681 shares. The stock had previously closed at $42.17.

iShares J.P. Morgan EM Local Currency Bond ETF Trading Up 0.3%

The stock has a fifty day simple moving average of $41.82 and a 200 day simple moving average of $41.23.

Institutional Trading of iShares J.P. Morgan EM Local Currency Bond ETF

Several institutional investors and hedge funds have recently added to or reduced their stakes in the business. EverSource Wealth Advisors LLC bought a new position in iShares J.P. Morgan EM Local Currency Bond ETF in the 3rd quarter worth approximately $116,000. Farther Finance Advisors LLC purchased a new position in shares of iShares J.P. Morgan EM Local Currency Bond ETF in the fourth quarter worth $116,000. Rosenberg Matthew Hamilton boosted its position in shares of iShares J.P. Morgan EM Local Currency Bond ETF by 5.9% during the fourth quarter. Rosenberg Matthew Hamilton now owns 6,959 shares of the company’s stock worth $289,000 after acquiring an additional 387 shares during the last quarter. Vicus Capital bought a new position in shares of iShares J.P. Morgan EM Local Currency Bond ETF during the second quarter worth $583,000. Finally, Oak Family Advisors LLC purchased a new position in iShares J.P. Morgan EM Local Currency Bond ETF during the third quarter valued at $997,000.

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.