iShares J.P. Morgan EM Corporate Bond ETF (BATS:CEMB) Trading Up 0.4% – Here’s Why

iShares J.P. Morgan EM Corporate Bond ETF (BATS:CEMB) shares rose 0.4% on Monday . The stock traded as high as $45.92 and last traded at $45.9150. Approximately 55,439 shares traded hands during mid-day trading, an increase of 6% from the average daily volume of 52,441 shares. The stock had previously closed at $45.74.

iShares J.P. Morgan EM Corporate Bond ETF Trading Up 0.3%

The business has a 50 day simple moving average of $45.97 and a two-hundred day simple moving average of $45.79.

Institutional Investors Weigh In On iShares J.P. Morgan EM Corporate Bond ETF

Several hedge funds have recently modified their holdings of CEMB. BNP Paribas Financial Markets increased its position in iShares J.P. Morgan EM Corporate Bond ETF by 169.5% during the second quarter. BNP Paribas Financial Markets now owns 1,008 shares of the company’s stock worth $46,000 after purchasing an additional 634 shares during the last quarter. J.Safra Asset Management Corp purchased a new stake in shares of iShares J.P. Morgan EM Corporate Bond ETF during the 2nd quarter valued at $46,000. Farther Finance Advisors LLC acquired a new stake in shares of iShares J.P. Morgan EM Corporate Bond ETF during the 3rd quarter worth $46,000. Migdal Insurance & Financial Holdings Ltd. raised its position in shares of iShares J.P. Morgan EM Corporate Bond ETF by 25.6% in the 2nd quarter. Migdal Insurance & Financial Holdings Ltd. now owns 10,215 shares of the company’s stock worth $464,000 after buying an additional 2,080 shares during the period. Finally, Ameriprise Financial Inc. raised its position in shares of iShares J.P. Morgan EM Corporate Bond ETF by 162.0% in the 2nd quarter. Ameriprise Financial Inc. now owns 19,618 shares of the company’s stock worth $891,000 after buying an additional 12,129 shares during the period.

iShares J.P. Morgan EM Corporate Bond ETF Company Profile

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.