iShares J.P. Morgan USD Emerging Markets Bond ETF Target of Unusually High Options Trading (NASDAQ:EMB)

iShares J.P. Morgan USD Emerging Markets Bond ETF (NASDAQ:EMB) saw some unusual options trading on Friday. Traders purchased 10,000 put options on the company. This is an increase of approximately 382% compared to the average volume of 2,076 put options.

iShares J.P. Morgan USD Emerging Markets Bond ETF Trading Down 1.5%

Shares of EMB opened at $93.18 on Friday. The stock has a 50-day simple moving average of $96.43 and a 200-day simple moving average of $96.06. iShares J.P. Morgan USD Emerging Markets Bond ETF has a 1 year low of $84.78 and a 1 year high of $97.80.

iShares J.P. Morgan USD Emerging Markets Bond ETF Cuts Dividend

The company also recently disclosed a monthly dividend, which was paid on Thursday, March 5th. Shareholders of record on Monday, March 2nd were given a $0.403 dividend. The ex-dividend date of this dividend was Monday, March 2nd. This represents a c) dividend on an annualized basis and a dividend yield of 5.2%.

Institutional Investors Weigh In On iShares J.P. Morgan USD Emerging Markets Bond ETF

Several institutional investors have recently modified their holdings of the company. JPMorgan Chase & Co. grew its stake in iShares J.P. Morgan USD Emerging Markets Bond ETF by 34.1% during the 3rd quarter. JPMorgan Chase & Co. now owns 11,400,265 shares of the exchange traded fund’s stock worth $1,085,191,000 after buying an additional 2,899,399 shares during the last quarter. SBI Okasan Asset Management Co.Ltd. purchased a new stake in iShares J.P. Morgan USD Emerging Markets Bond ETF in the fourth quarter valued at approximately $650,474,000. BNP Paribas Financial Markets lifted its stake in iShares J.P. Morgan USD Emerging Markets Bond ETF by 15.9% in the fourth quarter. BNP Paribas Financial Markets now owns 3,556,458 shares of the exchange traded fund’s stock valued at $342,416,000 after buying an additional 488,302 shares during the last quarter. Polianta Ltd acquired a new stake in shares of iShares J.P. Morgan USD Emerging Markets Bond ETF in the fourth quarter valued at approximately $223,947,000. Finally, TIAA Trust National Association grew its position in shares of iShares J.P. Morgan USD Emerging Markets Bond ETF by 66.2% during the fourth quarter. TIAA Trust National Association now owns 2,269,776 shares of the exchange traded fund’s stock worth $218,534,000 after acquiring an additional 904,419 shares during the last quarter. 91.08% of the stock is owned by hedge funds and other institutional investors.

iShares J.P. Morgan USD Emerging Markets Bond ETF Company Profile

iShares J.P. Morgan USD Emerging Markets Bond ETF, formerly iShares JPMorgan USD Emerging Markets Bond Fund (the Fund), is an exchange-traded fund. The Fund seeks investment results that correspond generally to the price and yield performance of the JPMorgan EMBI Global Core Index (the Index). The Index is a diverse United States dollar-denominated emerging markets debt benchmark, which tracks the total return of actively traded external debt instruments in emerging market countries. The Fund invests in a representative sample of the securities included in the Index that collectively has an investment profile similar to the Index.