iShares J.P. Morgan EM Local Currency Bond ETF (NYSEARCA:LEMB) Trading Down 0.3%

iShares J.P. Morgan EM Local Currency Bond ETF (NYSEARCA:LEMB)’s share price traded down 0.3% during trading on Monday . The company traded as low as $38.45 and last traded at $38.46. 19,064 shares traded hands during mid-day trading, a decline of 76% from the average session volume of 79,445 shares. The stock had previously closed at $38.59.

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

The company has a 50-day moving average price of $37.33 and a two-hundred day moving average price of $36.46.

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

A hedge fund recently bought a new stake in iShares J.P. Morgan EM Local Currency Bond ETF stock. Fisher Asset Management LLC acquired a new stake in iShares J.P. Morgan EM Local Currency Bond ETF (NYSEARCA:LEMB) in the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm acquired 9,872 shares of the company’s stock, valued at approximately $362,000. Fisher Asset Management LLC owned 0.06% of iShares J.P. Morgan EM Local Currency Bond ETF at the end of the most recent quarter.

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.