Fortitude Financial LLC Purchases New Position in JPMorgan International Bond Opportunities ETF $JPIB

Fortitude Financial LLC purchased a new position in JPMorgan International Bond Opportunities ETF (BATS:JPIB) in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor purchased 12,919 shares of the company’s stock, valued at approximately $629,000. JPMorgan International Bond Opportunities ETF accounts for about 0.5% of Fortitude Financial LLC’s investment portfolio, making the stock its 24th biggest holding. Fortitude Financial LLC owned 0.07% of JPMorgan International Bond Opportunities ETF at the end of the most recent reporting period.

A number of other hedge funds also recently bought and sold shares of the business. Dunhill Financial LLC grew its holdings in JPMorgan International Bond Opportunities ETF by 8.0% in the third quarter. Dunhill Financial LLC now owns 3,477 shares of the company’s stock valued at $170,000 after purchasing an additional 258 shares during the period. White & Co Financial Planning Inc raised its stake in shares of JPMorgan International Bond Opportunities ETF by 0.4% during the 3rd quarter. White & Co Financial Planning Inc now owns 64,630 shares of the company’s stock worth $3,169,000 after buying an additional 274 shares during the period. Stratos Wealth Advisors LLC lifted its position in shares of JPMorgan International Bond Opportunities ETF by 0.6% during the 4th quarter. Stratos Wealth Advisors LLC now owns 65,572 shares of the company’s stock valued at $3,193,000 after buying an additional 396 shares in the last quarter. Betterment LLC lifted its position in shares of JPMorgan International Bond Opportunities ETF by 8.5% during the 3rd quarter. Betterment LLC now owns 5,236 shares of the company’s stock valued at $257,000 after buying an additional 408 shares in the last quarter. Finally, Smallwood Wealth Investment Management LLC grew its stake in JPMorgan International Bond Opportunities ETF by 5.5% in the 4th quarter. Smallwood Wealth Investment Management LLC now owns 8,131 shares of the company’s stock valued at $396,000 after acquiring an additional 422 shares during the period.

JPMorgan International Bond Opportunities ETF Price Performance

BATS JPIB traded up $0.23 on Friday, hitting $48.51. The company had a trading volume of 202,151 shares, compared to its average volume of 309,460. The company’s fifty day moving average price is $48.43 and its 200-day moving average price is $48.76. The company has a market capitalization of $902.29 million, a PE ratio of 4.86 and a beta of 0.24. JPMorgan International Bond Opportunities ETF has a 12-month low of $47.35 and a 12-month high of $49.42.

About JPMorgan International Bond Opportunities ETF

The JPMorgan International Bond Opportunities ETF (JPIB) is an exchange-traded fund that is based on the Bloomberg U.S. Universal Bond index. The fund provides total return through the active management of a broad based, broad maturity bond portfolio reaching sectors in both developed and emerging markets around the world outside of the US. JPIB was launched on Apr 3, 2017 and is managed by JPMorgan Chase.