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

by · The Markets Daily

iShares J.P. Morgan EM High Yield Bond ETF (BATS:EMHY – Get Free Report)’s stock price shot up 0.2% on Tuesday . The company traded as high as $40.41 and last traded at $40.36. 61,236 shares changed hands during mid-day trading, a decline of 49% from the average session volume of 120,889 shares. The stock had previously closed at $40.26.

iShares J.P. Morgan EM High Yield Bond ETF Stock Up 0.8%

The stock has a fifty day moving average of $40.25 and a 200-day moving average of $40.30.

Institutional Inflows and Outflows

A number of institutional investors have recently made changes to their positions in the business. Arkadios Wealth Advisors raised its holdings 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 valued at $242,000 after buying an additional 358 shares during the last quarter. Ameriflex Group Inc. raised its holdings in shares of iShares J.P. Morgan EM High Yield Bond ETF by 204.3% in the third quarter. Ameriflex Group Inc. now owns 1,570 shares of the company’s stock valued at $62,000 after buying an additional 1,054 shares during the last quarter. Mount Lucas Management LP raised its position in shares of iShares J.P. Morgan EM High Yield Bond ETF by 2.2% during the third quarter. Mount Lucas Management LP now owns 68,856 shares of the company’s stock worth $2,733,000 after acquiring an additional 1,455 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 during the first quarter worth $134,000. Finally, Sound Income Strategies LLC raised its position in shares of iShares J.P. Morgan EM High Yield Bond ETF by 0.5% during the fourth quarter. Sound Income Strategies LLC now owns 1,007,306 shares of the company’s stock worth $40,776,000 after acquiring an additional 4,697 shares during the last quarter.

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

(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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