iShares J.P. Morgan EM Corporate Bond ETF (BATS:CEMB) Stock Pass Above 200-Day Moving Average – Time to Sell?

Shares of iShares J.P. Morgan EM Corporate Bond ETF (BATS:CEMB) crossed above its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of $44.90 and traded as high as $44.97. iShares J.P. Morgan EM Corporate Bond ETF shares last traded at $44.91, with a volume of 20,525 shares.

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

The company’s 50 day moving average is $45.40 and its 200 day moving average is $44.90.

iShares J.P. Morgan EM Corporate Bond ETF Increases Dividend

The business also recently disclosed a dividend, which was paid on Friday, September 6th. Stockholders of record on Tuesday, September 3rd were paid a $0.1957 dividend. This is a positive change from iShares J.P. Morgan EM Corporate Bond ETF’s previous dividend of $0.19. The ex-dividend date of this dividend was Tuesday, September 3rd.

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

Institutional investors have recently bought and sold shares of the business. Princeton Global Asset Management LLC lifted its position in iShares J.P. Morgan EM Corporate Bond ETF by 3,375.0% during the 3rd quarter. Princeton Global Asset Management LLC now owns 2,085 shares of the company’s stock worth $96,000 after buying an additional 2,025 shares in the last quarter. Migdal Insurance & Financial Holdings Ltd. boosted its stake in iShares J.P. Morgan EM Corporate Bond ETF by 11.7% in the second quarter. Migdal Insurance & Financial Holdings Ltd. now owns 5,250 shares of the company’s stock valued at $233,000 after acquiring an additional 550 shares during the last quarter. Arkansas Financial Group Inc. grew its holdings in iShares J.P. Morgan EM Corporate Bond ETF by 38.7% during the 3rd 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. Finally, Loomis Sayles & Co. L P raised its position in shares of 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 valued at $8,235,000 after acquiring an additional 42,036 shares during the last quarter.

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.