VanEck J.P. Morgan EM Local Currency Bond ETF (NYSEARCA:EMLC) Sees Unusually-High Trading Volume – Here’s Why

VanEck J.P. Morgan EM Local Currency Bond ETF (NYSEARCA:EMLC) shares saw unusually-high trading volume on Wednesday . Approximately 2,645,737 shares changed hands during mid-day trading, an increase of 77% from the previous session’s volume of 1,495,213 shares.The stock last traded at $23.60 and had previously closed at $23.44.

VanEck J.P. Morgan EM Local Currency Bond ETF Trading Up 0.7 %

The business has a 50-day moving average price of $23.48 and a two-hundred day moving average price of $24.18.

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

Several large investors have recently added to or reduced their stakes in EMLC. Continuum Advisory LLC grew its holdings in VanEck J.P. Morgan EM Local Currency Bond ETF by 11.6% in the 3rd quarter. Continuum Advisory LLC now owns 6,907 shares of the company’s stock worth $163,000 after buying an additional 717 shares in the last quarter. Captrust Financial Advisors acquired a new stake in VanEck J.P. Morgan EM Local Currency Bond ETF in the 3rd quarter valued at about $310,000. Fidelity D & D Bancorp Inc. grew its position in VanEck J.P. Morgan EM Local Currency Bond ETF by 16.4% in the third quarter. Fidelity D & D Bancorp Inc. now owns 68,390 shares of the company’s stock worth $1,737,000 after buying an additional 9,631 shares during the last quarter. Janney Montgomery Scott LLC lifted its position in shares of VanEck J.P. Morgan EM Local Currency Bond ETF by 29.5% during the 3rd quarter. Janney Montgomery Scott LLC now owns 128,558 shares of the company’s stock valued at $3,265,000 after acquiring an additional 29,254 shares during the last quarter. Finally, ALM First Financial Advisors LLC lifted its holdings in shares of VanEck J.P. Morgan EM Local Currency Bond ETF by 6.7% during the third quarter. ALM First Financial Advisors LLC now owns 410,794 shares of the company’s stock valued at $10,434,000 after purchasing an additional 25,794 shares during the last quarter.

VanEck J.P. Morgan EM Local Currency Bond ETF Company Profile

Market Vectors Emerging Markets Local Currency Bond ETF (the Fund) seeks to replicate as closely as possible, the price and yield performance of the J.P. Morgan GBI-EMG Core Index (the Index). The Index provides direct exposure to local currency bonds issued by emerging market governments. The Index tracks regularly traded, liquid, fixed-rate, domestic currency debt issues by emerging market governments.