iShares J.P. Morgan EM Local Currency Bond ETF (NYSEARCA:LEMB) Stock Price Down 0% – Here’s Why

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

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

The stock has a fifty day moving average price of $36.47 and a 200-day moving average price of $36.88.

Hedge Funds Weigh In On iShares J.P. Morgan EM Local Currency Bond ETF

An institutional investor recently bought a new position in iShares J.P. Morgan EM Local Currency Bond ETF stock. Harbor Capital Advisors Inc. purchased a new stake in iShares J.P. Morgan EM Local Currency Bond ETF (NYSEARCA:LEMB) during the third quarter, according to its most recent 13F filing with the SEC. The firm purchased 2,548 shares of the company’s stock, valued at approximately $98,000.

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

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.