VanEck J.P. Morgan EM Local Currency Bond ETF (NYSEARCA:EMLC) Hits New 52-Week High at $25.83

VanEck J.P. Morgan EM Local Currency Bond ETF (NYSEARCA:EMLC)’s stock price reached a new 52-week high during mid-day trading on Monday . The company traded as high as $25.83 and last traded at $25.83, with a volume of 552 shares. The stock had previously closed at $25.29.

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

The business’s fifty day moving average is $24.61 and its two-hundred day moving average is $24.34.

Institutional Inflows and Outflows

A number of hedge funds have recently modified their holdings of the business. Cahill Financial Advisors Inc. grew its stake in VanEck J.P. Morgan EM Local Currency Bond ETF by 3.9% in the second quarter. Cahill Financial Advisors Inc. now owns 26,960 shares of the company’s stock worth $641,000 after purchasing an additional 1,023 shares in the last quarter. Comerica Bank lifted its position in shares of VanEck J.P. Morgan EM Local Currency Bond ETF by 5.3% in the 1st quarter. Comerica Bank now owns 73,498 shares of the company’s stock worth $1,801,000 after purchasing an additional 3,679 shares during the period. Janney Montgomery Scott LLC boosted its stake in shares of VanEck J.P. Morgan EM Local Currency Bond ETF by 4.3% during the fourth quarter. Janney Montgomery Scott LLC now owns 91,005 shares of the company’s stock valued at $2,307,000 after purchasing an additional 3,723 shares in the last quarter. Acima Private Wealth LLC increased its holdings in VanEck J.P. Morgan EM Local Currency Bond ETF by 2.6% during the fourth quarter. Acima Private Wealth LLC now owns 160,162 shares of the company’s stock valued at $4,060,000 after buying an additional 4,056 shares during the period. Finally, Fidelity D & D Bancorp Inc. raised its stake in VanEck J.P. Morgan EM Local Currency Bond ETF by 8.6% in the second quarter. Fidelity D & D Bancorp Inc. now owns 58,759 shares of the company’s stock worth $1,397,000 after buying an additional 4,654 shares in the last quarter.

About VanEck J.P. Morgan EM Local Currency Bond ETF

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.