iShares J.P. Morgan EM Local Currency Bond ETF (NYSEARCA:LEMB) Shares Down 0% – Time to Sell?

iShares J.P. Morgan EM Local Currency Bond ETF (NYSEARCA:LEMB) shares traded down 0% on Thursday . The company traded as low as $36.10 and last traded at $36.19. 14,257 shares traded hands during trading, a decline of 63% from the average session volume of 38,291 shares. The stock had previously closed at $36.20.

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

The firm’s 50-day moving average is $36.48 and its 200-day moving average is $36.88.

Institutional Inflows and Outflows

An institutional investor recently raised its position in iShares J.P. Morgan EM Local Currency Bond ETF stock. Lam Group Inc. increased its position in iShares J.P. Morgan EM Local Currency Bond ETF (NYSEARCA:LEMB) by 111.3% in the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 59,585 shares of the company’s stock after purchasing an additional 31,380 shares during the quarter. iShares J.P. Morgan EM Local Currency Bond ETF makes up about 1.6% of Lam Group Inc.’s investment portfolio, making the stock its 24th largest holding. Lam Group Inc. owned about 0.50% of iShares J.P. Morgan EM Local Currency Bond ETF worth $2,292,000 at the end of the most recent reporting 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.