JPMorgan USD Emerging Markets Sovereign Bond ETF (NYSEARCA:JPMB) Shares Up 0.2% – Still a Buy?

JPMorgan USD Emerging Markets Sovereign Bond ETF (NYSEARCA:JPMB)’s share price was up 0.2% during mid-day trading on Wednesday . The stock traded as high as $39.02 and last traded at $38.91. 156,797 shares traded hands during trading, an increase of 953% from the average daily volume of 14,894 shares. The stock had previously closed at $38.85.

JPMorgan USD Emerging Markets Sovereign Bond ETF Price Performance

The business has a 50-day moving average of $39.59 and a 200 day moving average of $39.80.

Institutional Trading of JPMorgan USD Emerging Markets Sovereign Bond ETF

Several institutional investors have recently made changes to their positions in the company. Integrated Wealth Concepts LLC lifted its position in shares of JPMorgan USD Emerging Markets Sovereign Bond ETF by 38.6% during the second quarter. Integrated Wealth Concepts LLC now owns 9,093 shares of the company’s stock valued at $367,000 after purchasing an additional 2,531 shares in the last quarter. GAMMA Investing LLC grew its position in JPMorgan USD Emerging Markets Sovereign Bond ETF by 138.0% in the 2nd quarter. GAMMA Investing LLC now owns 983 shares of the company’s stock worth $40,000 after purchasing an additional 570 shares in the last quarter. Bank of America Corp DE increased its stake in JPMorgan USD Emerging Markets Sovereign Bond ETF by 7.6% in the 1st quarter. Bank of America Corp DE now owns 204,841 shares of the company’s stock valued at $8,041,000 after buying an additional 14,448 shares during the last quarter. Royal Bank of Canada increased its stake in JPMorgan USD Emerging Markets Sovereign Bond ETF by 750.0% in the 1st quarter. Royal Bank of Canada now owns 2,550 shares of the company’s stock valued at $100,000 after buying an additional 2,250 shares during the last quarter. Finally, ARQ Wealth Advisors LLC lifted its position in shares of JPMorgan USD Emerging Markets Sovereign Bond ETF by 9.4% during the 1st quarter. ARQ Wealth Advisors LLC now owns 85,807 shares of the company’s stock worth $3,368,000 after buying an additional 7,351 shares in the last quarter.

JPMorgan USD Emerging Markets Sovereign Bond ETF Company Profile

The JPMorgan USD Emerging Markets Sovereign Bond ETF (JPMB) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund tracks an index of USD-denominated sovereign and quasi-sovereign debt securities from emerging markets. Securities are selected and weighted based on fundamental criteria. JPMB was launched on Jan 29, 2018 and is managed by JPMorgan Chase.