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

iShares J.P. Morgan EM High Yield Bond ETF (BATS:EMHYGet Free Report) were up 0.2% on Monday . The company traded as high as $40.29 and last traded at $40.23. Approximately 58,084 shares were traded during mid-day trading, a decline of 49% from the average daily 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 stock has a fifty day simple moving average of $40.44 and a 200-day simple moving average of $40.34.

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

A number of hedge funds and other institutional investors have recently bought and sold shares of EMHY. Ruggiero Investments Inc. acquired a new position in iShares J.P. Morgan EM High Yield Bond ETF during the 4th quarter worth approximately $628,000. Sound Income Strategies LLC raised its holdings in shares of 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 purchasing an additional 4,697 shares during the last quarter. Jones Financial Companies Lllp raised its holdings in shares of iShares J.P. Morgan EM High Yield Bond ETF by 20,692.9% in the first quarter. Jones Financial Companies Lllp now owns 5,822 shares of the company’s stock valued at $236,000 after purchasing an additional 5,794 shares during the last quarter. Strategic Investment Advisors MI bought a new stake in shares of iShares J.P. Morgan EM High Yield Bond ETF in the first quarter worth $134,000. Finally, Arkadios Wealth Advisors lifted its position in shares of iShares J.P. Morgan EM High Yield Bond ETF by 6.2% in the first quarter. Arkadios Wealth Advisors now owns 6,147 shares of the company’s stock worth $242,000 after purchasing an additional 358 shares in the last quarter.

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

(Get Free Report)

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.

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