iShares J.P. Morgan USD Emerging Markets Bond ETF (NASDAQ:EMB) Stock Price Cross Above 50 Day Moving Average – Should You Sell?

iShares J.P. Morgan USD Emerging Markets Bond ETF (NASDAQ:EMB) crossed above its 50-day moving average during trading on Wednesday . The stock has a 50-day moving average of $95.93 and traded as high as $96.73. iShares J.P. Morgan USD Emerging Markets Bond ETF shares last traded at $96.54, with a volume of 6,136,273 shares trading hands.

iShares J.P. Morgan USD Emerging Markets Bond ETF Stock Performance

The stock has a 50-day simple moving average of $95.93 and a two-hundred day simple moving average of $93.79.

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

The company also recently announced a monthly dividend, which will be paid on Thursday, December 4th. Investors of record on Monday, December 1st will be given a $0.3722 dividend. The ex-dividend date is Monday, December 1st. This represents a c) dividend on an annualized basis and a yield of 4.6%.

Institutional Inflows and Outflows

Large investors have recently made changes to their positions in the business. JPMorgan Chase & Co. lifted its holdings in shares of iShares J.P. Morgan USD Emerging Markets Bond ETF by 34.1% in the 3rd quarter. JPMorgan Chase & Co. now owns 11,400,265 shares of the exchange traded fund’s stock worth $1,085,191,000 after acquiring an additional 2,899,399 shares during the last quarter. BNP Paribas Financial Markets raised its position in iShares J.P. Morgan USD Emerging Markets Bond ETF by 89.4% in the 1st quarter. BNP Paribas Financial Markets now owns 3,111,230 shares of the exchange traded fund’s stock worth $281,846,000 after purchasing an additional 1,468,781 shares during the period. Sumitomo Life Insurance Co. bought a new stake in iShares J.P. Morgan USD Emerging Markets Bond ETF in the third quarter worth $123,331,000. TIAA Trust National Association boosted its position in iShares J.P. Morgan USD Emerging Markets Bond ETF by 211.1% during the second quarter. TIAA Trust National Association now owns 1,349,016 shares of the exchange traded fund’s stock valued at $124,946,000 after buying an additional 915,343 shares during the period. Finally, Venturi Wealth Management LLC grew its stake in shares of iShares J.P. Morgan USD Emerging Markets Bond ETF by 4,716.6% during the second quarter. Venturi Wealth Management LLC now owns 728,660 shares of the exchange traded fund’s stock valued at $67,489,000 after buying an additional 713,532 shares during the last quarter. 91.08% of the stock is owned by hedge funds and other institutional investors.

About iShares J.P. Morgan USD Emerging Markets Bond ETF

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.