VanEck J.P. Morgan EM Local Currency Bond ETF (NYSEARCA:EMLC) Sees Unusually-High Trading Volume

VanEck J.P. Morgan EM Local Currency Bond ETF (NYSEARCA:EMLC – Get Free Report) shares saw unusually-high trading volume on Friday . Approximately 3,115,419 shares changed hands during trading, an increase of 149% from the previous session’s volume of 1,251,475 shares.The stock last traded at $24.95 and had previously closed at $24.77.

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

The business has a 50-day simple moving average of $24.91 and a 200 day simple moving average of $24.62.

Hedge Funds Weigh In On VanEck J.P. Morgan EM Local Currency Bond ETF

Hedge funds and other institutional investors have recently made changes to their positions in the stock. Captrust Financial Advisors raised its position in shares of VanEck J.P. Morgan EM Local Currency Bond ETF by 258.2% in the 2nd quarter. Captrust Financial Advisors now owns 1,021 shares of the company’s stock worth $25,000 after acquiring an additional 736 shares in the last quarter. Cornerstone Planning Group LLC acquired a new stake in VanEck J.P. Morgan EM Local Currency Bond ETF during the second quarter worth approximately $66,000. Horizon Investments LLC acquired a new stake in VanEck J.P. Morgan EM Local Currency Bond ETF during the second quarter worth approximately $79,000. US Bancorp DE increased its holdings in VanEck J.P. Morgan EM Local Currency Bond ETF by 15.0% in the first quarter. US Bancorp DE now owns 3,601 shares of the company’s stock worth $97,000 after purchasing an additional 469 shares in the last quarter. Finally, Nixon Peabody Trust Co. acquired a new position in VanEck J.P. Morgan EM Local Currency Bond ETF in the fourth quarter valued at approximately $234,000.

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

(Get Free Report)

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.