Lam Group Inc. Has $1.55 Million Stake in iShares J.P. Morgan EM Local Currency Bond ETF (NYSEARCA:LEMB)

Lam Group Inc. cut its position in iShares J.P. Morgan EM Local Currency Bond ETF (NYSEARCA:LEMB) by 28.0% in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 42,890 shares of the company’s stock after selling 16,695 shares during the quarter. iShares J.P. Morgan EM Local Currency Bond ETF accounts for about 1.1% of Lam Group Inc.’s portfolio, making the stock its 27th largest holding. Lam Group Inc. owned about 0.36% of iShares J.P. Morgan EM Local Currency Bond ETF worth $1,548,000 at the end of the most recent reporting period.

Separately, Harbor Capital Advisors Inc. acquired a new position in iShares J.P. Morgan EM Local Currency Bond ETF during the third quarter valued at approximately $98,000.

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

NYSEARCA LEMB opened at $36.03 on Tuesday. iShares J.P. Morgan EM Local Currency Bond ETF has a fifty-two week low of $35.10 and a fifty-two week high of $38.65. The business has a fifty day moving average price of $36.37 and a two-hundred day moving average price of $36.91.

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.