iShares J.P. Morgan EM Local Currency Bond ETF (NYSEARCA:LEMB) Trading Down 0.2%

iShares J.P. Morgan EM Local Currency Bond ETF (NYSEARCA:LEMB) were down 0.2% on Tuesday . The company traded as low as $36.29 and last traded at $36.29. Approximately 18,482 shares were traded during trading, a decline of 76% from the average daily volume of 76,419 shares. The stock had previously closed at $36.37.

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

The firm’s 50-day moving average is $36.09 and its 200 day moving average is $36.03.

Institutional Inflows and Outflows

Several institutional investors have recently modified their holdings of LEMB. Leavell Investment Management Inc. boosted its holdings in iShares J.P. Morgan EM Local Currency Bond ETF by 4.7% in the 4th quarter. Leavell Investment Management Inc. now owns 6,860 shares of the company’s stock valued at $252,000 after purchasing an additional 309 shares during the period. Fisher Asset Management LLC bought a new stake in iShares J.P. Morgan EM Local Currency Bond ETF in the 4th quarter valued at about $362,000. Life Planning Partners Inc bought a new stake in iShares J.P. Morgan EM Local Currency Bond ETF in the 4th quarter valued at about $462,000. Finally, Vicus Capital boosted its holdings in iShares J.P. Morgan EM Local Currency Bond ETF by 17.5% in the 4th quarter. Vicus Capital now owns 25,108 shares of the company’s stock valued at $922,000 after purchasing an additional 3,735 shares during the period.

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.