iShares J.P. Morgan EM Corporate Bond ETF (BATS:CEMB) Shares Down 0.2% – What’s Next?

Shares of iShares J.P. Morgan EM Corporate Bond ETF (BATS:CEMB) traded down 0.2% during mid-day trading on Monday. The stock traded as low as $44.00 and last traded at $44.03. 48,461 shares were traded during trading, a decline of 22% from the average session volume of 62,440 shares. The stock had previously closed at $44.10.

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

The stock has a 50-day moving average price of $44.67 and a 200 day moving average price of $45.22.

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

An institutional investor recently bought a new position in iShares J.P. Morgan EM Corporate Bond ETF stock. Nilsine Partners LLC bought a new stake in iShares J.P. Morgan EM Corporate Bond ETF (BATS:CEMB) in the second quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor bought 67,989 shares of the company’s stock, valued at approximately $3,662,000. Nilsine Partners LLC owned about 0.82% of iShares J.P. Morgan EM Corporate Bond ETF as of its most recent SEC filing.

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.