iShares J.P. Morgan EM Corporate Bond ETF (BATS:CEMB) Stock Price Down 0.1% – Time to Sell?

Shares of iShares J.P. Morgan EM Corporate Bond ETF (BATS:CEMB) dropped 0.1% on Friday . The company traded as low as $44.37 and last traded at $44.45. Approximately 18,661 shares changed hands during mid-day trading, The stock had previously closed at $44.51.

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

The firm’s 50 day moving average is $44.97 and its 200-day moving average is $45.04.

Institutional Trading of iShares J.P. Morgan EM Corporate Bond ETF

Several institutional investors and hedge funds have recently bought and sold shares of CEMB. Loomis Sayles & Co. L P increased its stake in iShares J.P. Morgan EM Corporate Bond ETF by 30.7% during the 3rd quarter. Loomis Sayles & Co. L P now owns 179,024 shares of the company’s stock worth $8,235,000 after buying an additional 42,036 shares during the period. Migdal Insurance & Financial Holdings Ltd. grew its stake in shares of iShares J.P. Morgan EM Corporate Bond ETF by 6.1% in the third quarter. Migdal Insurance & Financial Holdings Ltd. now owns 5,569 shares of the company’s stock worth $256,000 after acquiring an additional 319 shares in the last quarter. Princeton Global Asset Management LLC grew its stake in shares of iShares J.P. Morgan EM Corporate Bond ETF by 3,375.0% in the third quarter. Princeton Global Asset Management LLC now owns 2,085 shares of the company’s stock worth $96,000 after acquiring an additional 2,025 shares in the last quarter. Finally, Arkansas Financial Group Inc. increased its position in shares of iShares J.P. Morgan EM Corporate Bond ETF by 38.7% during the third quarter. Arkansas Financial Group Inc. now owns 9,294 shares of the company’s stock worth $428,000 after acquiring an additional 2,593 shares during the period.

About iShares J.P. Morgan EM Corporate Bond ETF

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.