AdvisorNet Financial Inc Sells 2,531 Shares of iShares J.P. Morgan USD Emerging Markets Bond ETF (NASDAQ:EMB)

AdvisorNet Financial Inc lowered its position in iShares J.P. Morgan USD Emerging Markets Bond ETF (NASDAQ:EMB) by 14.2% in the fourth quarter, HoldingsChannel.com reports. The fund owned 15,255 shares of the exchange traded fund’s stock after selling 2,531 shares during the quarter. AdvisorNet Financial Inc’s holdings in iShares J.P. Morgan USD Emerging Markets Bond ETF were worth $1,358,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also modified their holdings of the business. Sumitomo Life Insurance Co. grew its holdings in iShares J.P. Morgan USD Emerging Markets Bond ETF by 280.2% during the 3rd quarter. Sumitomo Life Insurance Co. now owns 3,827,913 shares of the exchange traded fund’s stock worth $358,216,000 after acquiring an additional 2,821,148 shares during the last quarter. BNP Paribas Financial Markets lifted its position in shares of iShares J.P. Morgan USD Emerging Markets Bond ETF by 77.2% during the third quarter. BNP Paribas Financial Markets now owns 2,385,974 shares of the exchange traded fund’s stock worth $223,279,000 after purchasing an additional 1,039,195 shares in the last quarter. Flow Traders U.S. LLC bought a new stake in shares of iShares J.P. Morgan USD Emerging Markets Bond ETF during the third quarter valued at approximately $54,052,000. Retirement Investment Advisors Inc. acquired a new stake in shares of iShares J.P. Morgan USD Emerging Markets Bond ETF in the second quarter valued at approximately $19,370,000. Finally, BNP Paribas raised its position in iShares J.P. Morgan USD Emerging Markets Bond ETF by 98.1% in the 3rd quarter. BNP Paribas now owns 111,308 shares of the exchange traded fund’s stock worth $10,416,000 after purchasing an additional 55,115 shares during the last quarter. 91.08% of the stock is owned by institutional investors and hedge funds.

iShares J.P. Morgan USD Emerging Markets Bond ETF Stock Up 0.1 %

NASDAQ:EMB opened at $88.77 on Wednesday. The stock’s fifty day moving average price is $90.55 and its two-hundred day moving average price is $91.05. iShares J.P. Morgan USD Emerging Markets Bond ETF has a 52-week low of $86.40 and a 52-week high of $93.97.

iShares J.P. Morgan USD Emerging Markets Bond ETF Cuts Dividend

The company also recently declared a dividend, which was paid on Friday, January 3rd. Stockholders of record on Monday, December 30th were paid a dividend of $0.2545 per share. The ex-dividend date was Monday, December 30th.

iShares J.P. Morgan USD Emerging Markets Bond ETF Company Profile

iShares J.P. Morgan USD Emerging Markets Bond ETF, formerly iShares JPMorgan USD Emerging Markets Bond Fund (the Fund), is an exchange-traded fund. The Fund seeks investment results that correspond generally to the price and yield performance of the JPMorgan EMBI Global Core Index (the Index). The Index is a diverse United States dollar-denominated emerging markets debt benchmark, which tracks the total return of actively traded external debt instruments in emerging market countries.