iShares J.P. Morgan EM Corporate Bond ETF (BATS:CEMB) Trading Down 0.1% – Here’s Why

Shares of iShares J.P. Morgan EM Corporate Bond ETF (BATS:CEMB) fell 0.1% during mid-day trading on Monday . The company traded as low as $45.22 and last traded at $45.22. Approximately 19,285 shares changed hands during mid-day trading, a decline of 69% from the average session volume of 62,883 shares. The stock had previously closed at $45.28.

iShares J.P. Morgan EM Corporate Bond ETF Price Performance

The business has a fifty day simple moving average of $45.44 and a two-hundred day simple moving average of $45.65.

Institutional Inflows and Outflows

A number of large investors have recently made changes to their positions in CEMB. BNP Paribas Financial Markets grew its stake in shares of iShares J.P. Morgan EM Corporate Bond ETF by 169.5% during the 2nd quarter. BNP Paribas Financial Markets now owns 1,008 shares of the company’s stock valued at $46,000 after acquiring an additional 634 shares during the period. J.Safra Asset Management Corp raised its stake in iShares J.P. Morgan EM Corporate Bond ETF by 10.0% during the 4th quarter. J.Safra Asset Management Corp now owns 3,056 shares of the company’s stock worth $140,000 after acquiring an additional 278 shares during the period. Stronghold Wealth Management L.L.C. purchased a new position in iShares J.P. Morgan EM Corporate Bond ETF during the fourth quarter valued at approximately $589,000. Bank of New York Mellon Corp lifted its holdings in iShares J.P. Morgan EM Corporate Bond ETF by 128.2% during the first quarter. Bank of New York Mellon Corp now owns 13,192 shares of the company’s stock valued at $597,000 after purchasing an additional 7,410 shares in the last quarter. Finally, Migdal Insurance & Financial Holdings Ltd. boosted its position in shares of iShares J.P. Morgan EM Corporate Bond ETF by 27.2% in the fourth quarter. Migdal Insurance & Financial Holdings Ltd. now owns 14,743 shares of the company’s stock worth $676,000 after purchasing an additional 3,153 shares during the period.

About iShares J.P. Morgan EM Corporate Bond ETF

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.