iShares J.P. Morgan EM Local Currency Bond ETF (NYSEARCA:LEMB) Stock Price Down 1.2% – What’s Next?

iShares J.P. Morgan EM Local Currency Bond ETF (NYSEARCA:LEMB)’s share price fell 1.2% during mid-day trading on Wednesday . The company traded as low as $36.00 and last traded at $36.01. 31,448 shares were traded during mid-day trading, a decline of 61% from the average session volume of 80,226 shares. The stock had previously closed at $36.43.

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

The business’s 50-day moving average is $36.77 and its two-hundred day moving average is $36.84.

Institutional Inflows and Outflows

An institutional investor recently bought a new position in iShares J.P. Morgan EM Local Currency Bond ETF stock. Harbor Capital Advisors Inc. acquired a new position in iShares J.P. Morgan EM Local Currency Bond ETF (NYSEARCA:LEMB) in the third quarter, according to its most recent Form 13F filing with the SEC. The institutional investor acquired 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.