iShares J.P. Morgan EM Local Currency Bond ETF (NYSEARCA:LEMB) Shares Up 0.3% – Still a Buy?

Posted by Donald Scott on Apr 1st, 2025

iShares J.P. Morgan EM Local Currency Bond ETF (NYSEARCA:LEMB – Get Free Report) shares traded up 0.3% during trading on Monday . The company traded as high as $37.46 and last traded at $37.46. 26,924 shares traded hands during trading, a decline of 63% from the average session volume of 73,616 shares. The stock had previously closed at $37.35.

iShares J.P. Morgan EM Local Currency Bond ETF Price Performance

The company has a fifty day simple moving average of $37.25 and a two-hundred day simple moving average of $37.04.

Institutional Trading of iShares J.P. Morgan EM Local Currency Bond ETF

Several institutional investors and hedge funds have recently modified their holdings of the business. Foster & Motley Inc. increased its stake in shares of iShares J.P. Morgan EM Local Currency Bond ETF by 620.0% during the 4th quarter. Foster & Motley Inc. now owns 49,952 shares of the company’s stock worth $1,803,000 after purchasing an additional 43,014 shares in the last quarter. Vicus Capital purchased a new position in iShares J.P. Morgan EM Local Currency Bond ETF during the fourth quarter worth $1,347,000. Finally, City National Bank of Florida MSD acquired a new position in shares of iShares J.P. Morgan EM Local Currency Bond ETF in the fourth quarter worth $200,000.

iShares J.P. Morgan EM Local Currency Bond ETF Company Profile

(Get Free Report)

The iShares J.P. Morgan EM Local Currency Bond ETF (LEMB) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund tracks a market-value weighted index of sovereign debt denominated in issuers’ local currencies, with limits on country exposure. LEMB was launched on Oct 18, 2011 and is managed by BlackRock.