Leuthold Group LLC Has $6.29 Million Stock Holdings in VanEck J.P. Morgan EM Local Currency Bond ETF (NYSEARCA:EMLC)

Leuthold Group LLC raised its stake in VanEck J.P. Morgan EM Local Currency Bond ETF (NYSEARCA:EMLC) by 7.1% in the 1st quarter, Holdings Channel.com reports. The fund owned 256,417 shares of the company’s stock after buying an additional 16,957 shares during the quarter. Leuthold Group LLC’s holdings in VanEck J.P. Morgan EM Local Currency Bond ETF were worth $6,285,000 at the end of the most recent reporting period.

Several other large investors also recently modified their holdings of EMLC. Nixon Peabody Trust Co. acquired a new stake in VanEck J.P. Morgan EM Local Currency Bond ETF during the 4th quarter valued at approximately $234,000. Waterloo Capital L.P. acquired a new stake in shares of VanEck J.P. Morgan EM Local Currency Bond ETF during the fourth quarter worth $303,000. Vantage Financial Partners LLC bought a new position in VanEck J.P. Morgan EM Local Currency Bond ETF during the first quarter worth $306,000. Confluence Wealth Services Inc. bought a new stake in VanEck J.P. Morgan EM Local Currency Bond ETF during the fourth quarter valued at $424,000. Finally, Summit Financial LLC boosted its position in VanEck J.P. Morgan EM Local Currency Bond ETF by 8.7% during the fourth quarter. Summit Financial LLC now owns 31,757 shares of the company’s stock valued at $805,000 after acquiring an additional 2,533 shares during the last quarter.

VanEck J.P. Morgan EM Local Currency Bond ETF Stock Up 0.5 %

Shares of NYSEARCA:EMLC traded up $0.12 during midday trading on Friday, reaching $24.43. The company’s stock had a trading volume of 147,196 shares, compared to its average volume of 1,214,926. VanEck J.P. Morgan EM Local Currency Bond ETF has a fifty-two week low of $23.11 and a fifty-two week high of $26.11. The firm has a 50 day moving average price of $24.10 and a two-hundred day moving average price of $24.48.

VanEck J.P. Morgan EM Local Currency Bond ETF Profile

Market Vectors Emerging Markets Local Currency Bond ETF (the Fund) seeks to replicate as closely as possible, the price and yield performance of the J.P. Morgan GBI-EMG Core Index (the Index). The Index provides direct exposure to local currency bonds issued by emerging market governments. The Index tracks regularly traded, liquid, fixed-rate, domestic currency debt issues by emerging market governments.