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) saw strong trading volume on Thursday . 753,986 shares traded hands during trading, a decline of 40% from the previous session’s volume of 1,264,774 shares.The stock last traded at $23.80 and had previously closed at $23.83.

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

The firm’s fifty day moving average price is $24.08 and its 200 day moving average price is $24.59.

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

Several institutional investors and hedge funds have recently modified their holdings of the stock. Leuthold Group LLC grew its holdings in shares of VanEck J.P. Morgan EM Local Currency Bond ETF by 0.3% during the 4th quarter. Leuthold Group LLC now owns 239,460 shares of the company’s stock valued at $6,070,000 after acquiring an additional 725 shares in the last quarter. Summit Financial LLC boosted its holdings in VanEck J.P. Morgan EM Local Currency Bond ETF by 8.7% in the fourth quarter. Summit Financial LLC now owns 31,757 shares of the company’s stock worth $805,000 after purchasing an additional 2,533 shares in the last quarter. Comerica Bank boosted its holdings in VanEck J.P. Morgan EM Local Currency Bond ETF by 5.3% in the first quarter. Comerica Bank now owns 73,498 shares of the company’s stock worth $1,801,000 after purchasing an additional 3,679 shares in the last quarter. Janney Montgomery Scott LLC boosted its holdings in VanEck J.P. Morgan EM Local Currency Bond ETF by 4.3% in the fourth quarter. Janney Montgomery Scott LLC now owns 91,005 shares of the company’s stock worth $2,307,000 after purchasing an additional 3,723 shares in the last quarter. Finally, Acima Private Wealth LLC boosted its holdings in VanEck J.P. Morgan EM Local Currency Bond ETF by 2.6% in the fourth quarter. Acima Private Wealth LLC now owns 160,162 shares of the company’s stock worth $4,060,000 after purchasing an additional 4,056 shares in the last quarter.

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