iShares J.P. Morgan EM High Yield Bond ETF (BATS:EMHY) Shares Up 0.8% – Here’s Why

iShares J.P. Morgan EM High Yield Bond ETF (BATS:EMHY) shares traded up 0.8% during mid-day trading on Monday . The company traded as high as $38.43 and last traded at $38.37. 57,016 shares changed hands during trading, The stock had previously closed at $38.07.

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

The firm’s 50-day moving average price is $38.48 and its 200-day moving average price is $38.28.

iShares J.P. Morgan EM High Yield Bond ETF Cuts Dividend

The business also recently disclosed a dividend, which was paid on Friday, January 3rd. Shareholders of record on Monday, December 30th were issued a dividend of $0.0938 per share. The ex-dividend date was Monday, December 30th.

Hedge Funds Weigh In On iShares J.P. Morgan EM High Yield Bond ETF

Several institutional investors have recently added to or reduced their stakes in EMHY. Farther Finance Advisors LLC bought a new position in iShares J.P. Morgan EM High Yield Bond ETF during the third quarter valued at $55,000. First Horizon Advisors Inc. grew its position in iShares J.P. Morgan EM High Yield Bond ETF by 40.4% in the third quarter. First Horizon Advisors Inc. now owns 2,124 shares of the company’s stock worth $83,000 after acquiring an additional 611 shares in the last quarter. Finally, Mount Lucas Management LP increased its stake in iShares J.P. Morgan EM High Yield Bond ETF by 4.6% during the third quarter. Mount Lucas Management LP now owns 66,307 shares of the company’s stock worth $2,587,000 after acquiring an additional 2,942 shares during the last quarter.

iShares J.P. Morgan EM High Yield Bond ETF Company Profile

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.