iShares J.P. Morgan EM High Yield Bond ETF (BATS:EMHY) Trading 0.2% Higher – What’s Next?

iShares J.P. Morgan EM High Yield Bond ETF (BATS:EMHY) shares rose 0.2% during trading on Tuesday . The company traded as high as $40.41 and last traded at $40.36. Approximately 61,236 shares changed hands during trading, a decline of 49% from the average daily volume of 120,889 shares. The stock had previously closed at $40.26.

iShares J.P. Morgan EM High Yield Bond ETF Trading Up 0.2%

The stock has a 50-day moving average of $40.20 and a 200 day moving average of $40.30.

Institutional Trading of iShares J.P. Morgan EM High Yield Bond ETF

A number of institutional investors and hedge funds have recently modified their holdings of the business. Bank of New York Mellon Corp increased its position in iShares J.P. Morgan EM High Yield Bond ETF by 92.7% in the first quarter. Bank of New York Mellon Corp now owns 19,118 shares of the company’s stock worth $753,000 after buying an additional 9,197 shares during the last quarter. Arkadios Wealth Advisors increased its position in iShares J.P. Morgan EM High Yield Bond ETF by 10.9% in the fourth quarter. Arkadios Wealth Advisors now owns 5,789 shares of the company’s stock worth $234,000 after buying an additional 567 shares during the last quarter. Jones Financial Companies Lllp increased its position in 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 worth $236,000 after buying an additional 5,794 shares during the last quarter. Strategic Investment Advisors MI purchased a new stake in iShares J.P. Morgan EM High Yield Bond ETF in the first quarter worth $134,000. Finally, Ruggiero Investments Inc. purchased a new stake in iShares J.P. Morgan EM High Yield Bond ETF in the fourth quarter worth $628,000.

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

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.