Foster & Motley Inc. Increases Position in iShares J.P. Morgan EM Local Currency Bond ETF (NYSEARCA:LEMB)

Foster & Motley Inc. lifted its position in iShares J.P. Morgan EM Local Currency Bond ETF (NYSEARCA:LEMB) by 620.0% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 49,952 shares of the company’s stock after purchasing an additional 43,014 shares during the period. Foster & Motley Inc. owned about 0.42% of iShares J.P. Morgan EM Local Currency Bond ETF worth $1,803,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Separately, Harbor Capital Advisors Inc. purchased a new stake in shares of iShares J.P. Morgan EM Local Currency Bond ETF in the third quarter worth $98,000.

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

Shares of NYSEARCA LEMB opened at $37.00 on Friday. The firm has a fifty day moving average price of $36.40 and a 200-day moving average price of $36.93. iShares J.P. Morgan EM Local Currency Bond ETF has a 1 year low of $35.10 and a 1 year high of $38.65.

About iShares J.P. Morgan EM Local Currency Bond ETF

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.