iShares J.P. Morgan EM Corporate Bond ETF (BATS:CEMB) Shares Down 0.1% – Here’s Why

iShares J.P. Morgan EM Corporate Bond ETF (BATS:CEMB) were down 0.1% during trading on Monday . The company traded as low as $45.35 and last traded at $45.36. Approximately 93,740 shares traded hands during trading, an increase of 58% from the average daily volume of 59,448 shares. The stock had previously closed at $45.39.

iShares J.P. Morgan EM Corporate Bond ETF Trading Down 0.2%

The business has a 50-day moving average price of $45.60 and a 200 day moving average price of $45.80.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently modified their holdings of the company. Loomis Sayles & Co. L P boosted its position in shares of iShares J.P. Morgan EM Corporate Bond ETF by 12.6% during the 4th quarter. Loomis Sayles & Co. L P now owns 280,952 shares of the company’s stock valued at $12,887,000 after acquiring an additional 31,404 shares during the last quarter. Ameriprise Financial Inc. boosted its position in shares of iShares J.P. Morgan EM Corporate Bond ETF by 30.2% during the 3rd quarter. Ameriprise Financial Inc. now owns 25,550 shares of the company’s stock valued at $1,181,000 after acquiring an additional 5,932 shares during the last quarter. Migdal Insurance & Financial Holdings Ltd. boosted its position in shares of iShares J.P. Morgan EM Corporate Bond ETF by 27.2% during the 4th quarter. Migdal Insurance & Financial Holdings Ltd. now owns 14,743 shares of the company’s stock valued at $676,000 after acquiring an additional 3,153 shares during the last quarter. Bank of New York Mellon Corp boosted its position in shares of iShares J.P. Morgan EM Corporate Bond ETF by 128.2% during the 1st quarter. Bank of New York Mellon Corp now owns 13,192 shares of the company’s stock valued at $597,000 after acquiring an additional 7,410 shares during the last quarter. Finally, Stronghold Wealth Management L.L.C. bought a new position in shares of iShares J.P. Morgan EM Corporate Bond ETF during the 4th quarter valued at approximately $589,000.

About iShares J.P. Morgan EM Corporate Bond ETF

The iShares J.P. Morgan EM Corporate Bond ETF (CEMB) is an exchange-traded fund that is based on the JP Morgan CEMBI Broad Diversified index. The fund tracks an index of US-dollar-denominated bonds issued by corporations based in emerging markets. CEMB was launched on Apr 17, 2012 and is managed by BlackRock.