iShares J.P. Morgan EM High Yield Bond ETF (BATS:EMHY) Trading 0.8% Higher – What’s Next?

iShares J.P. Morgan EM High Yield Bond ETF (BATS:EMHY) rose 0.8% on Monday . The company traded as high as $38.43 and last traded at $38.37. Approximately 57,016 shares traded hands during trading, The stock had previously closed at $38.07.

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

The firm has a 50 day moving average price of $38.48 and a 200 day moving average price of $38.28.

iShares J.P. Morgan EM High Yield Bond ETF Cuts Dividend

The firm also recently declared a dividend, which was paid on Friday, January 3rd. Stockholders of record on Monday, December 30th were issued a $0.0938 dividend. The ex-dividend date of this dividend was Monday, December 30th.

Institutional Trading of iShares J.P. Morgan EM High Yield Bond ETF

A number of hedge funds have recently bought and sold shares of the stock. First Horizon Advisors Inc. grew its stake in iShares J.P. Morgan EM High Yield Bond ETF by 40.4% in the third quarter. First Horizon Advisors Inc. now owns 2,124 shares of the company’s stock valued at $83,000 after purchasing an additional 611 shares during the last quarter. Mount Lucas Management LP boosted its holdings in shares of iShares J.P. Morgan EM High Yield Bond ETF by 4.6% in the 3rd quarter. Mount Lucas Management LP now owns 66,307 shares of the company’s stock valued at $2,587,000 after buying an additional 2,942 shares in the last quarter. Finally, Farther Finance Advisors LLC purchased a new position in shares of iShares J.P. Morgan EM High Yield Bond ETF in the 3rd quarter worth approximately $55,000.

About iShares J.P. Morgan EM High Yield Bond ETF

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.