iShares J.P. Morgan EM High Yield Bond ETF (BATS:EMHY) Shares Up 0.2% – Still a Buy?

Shares of iShares J.P. Morgan EM High Yield Bond ETF (BATS:EMHY) shot up 0.2% during mid-day trading on Monday . The stock traded as high as $40.29 and last traded at $40.23. 58,084 shares traded hands during mid-day trading, a decline of 49% from the average session volume of 114,199 shares. The stock had previously closed at $40.14.

iShares J.P. Morgan EM High Yield Bond ETF Stock Performance

The firm’s 50-day simple moving average is $40.44 and its 200 day simple moving average is $40.34.

Institutional Inflows and Outflows

Several large investors have recently bought and sold shares of EMHY. Strategic Investment Advisors MI acquired a new position in shares of iShares J.P. Morgan EM High Yield Bond ETF during the 1st quarter worth approximately $134,000. Arkadios Wealth Advisors increased its holdings in iShares J.P. Morgan EM High Yield Bond ETF by 6.2% during the first quarter. Arkadios Wealth Advisors now owns 6,147 shares of the company’s stock worth $242,000 after buying an additional 358 shares during the last quarter. Bank of New York Mellon Corp increased its holdings in iShares J.P. Morgan EM High Yield Bond ETF by 92.7% during the first quarter. Bank of New York Mellon Corp now owns 19,118 shares of the company’s stock worth $753,000 after buying an additional 9,197 shares during the last quarter. Ruggiero Investments Inc. bought a new stake in iShares J.P. Morgan EM High Yield Bond ETF during the fourth quarter worth $628,000. Finally, Sound Income Strategies LLC lifted its stake in iShares J.P. Morgan EM High Yield Bond ETF by 0.5% in the fourth quarter. Sound Income Strategies LLC now owns 1,007,306 shares of the company’s stock valued at $40,776,000 after acquiring an additional 4,697 shares during the last quarter.

iShares J.P. Morgan EM High Yield Bond ETF Company Profile

The iShares J.P. Morgan EM High Yield Bond ETF (EMHY) is an exchange-traded fund that mostly invests in high yield fixed income. The fund tracks an index comprising USD denominated emerging markets high yield bonds. EMHY was launched on Apr 3, 2012 and is managed by BlackRock.