JPMorgan USD Emerging Markets Sovereign Bond ETF (NYSEARCA:JPMB) Trading Down 0.1% – Should You Sell?

JPMorgan USD Emerging Markets Sovereign Bond ETF (NYSEARCA:JPMB) shares traded down 0.1% on Thursday . The company traded as low as $39.81 and last traded at $39.86. 1,914 shares traded hands during mid-day trading, a decline of 83% from the average daily volume of 11,541 shares. The stock had previously closed at $39.90.

JPMorgan USD Emerging Markets Sovereign Bond ETF Stock Performance

The company has a fifty day simple moving average of $40.01 and a 200-day simple moving average of $40.09.

Institutional Inflows and Outflows

Several institutional investors have recently made changes to their positions in the company. Osaic Holdings Inc. increased its holdings in JPMorgan USD Emerging Markets Sovereign Bond ETF by 8.1% in the second quarter. Osaic Holdings Inc. now owns 4,913 shares of the company’s stock worth $191,000 after buying an additional 368 shares during the last quarter. GAMMA Investing LLC raised its position in JPMorgan USD Emerging Markets Sovereign Bond ETF by 138.0% during the second quarter. GAMMA Investing LLC now owns 983 shares of the company’s stock valued at $40,000 after acquiring an additional 570 shares in the last quarter. Royal Bank of Canada lifted its stake in JPMorgan USD Emerging Markets Sovereign Bond ETF by 0.7% in the first quarter. Royal Bank of Canada now owns 201,025 shares of the company’s stock valued at $7,750,000 after acquiring an additional 1,421 shares during the last quarter. Forthright Family Wealth Advisory LLC lifted its stake in JPMorgan USD Emerging Markets Sovereign Bond ETF by 7.3% in the fourth quarter. Forthright Family Wealth Advisory LLC now owns 28,906 shares of the company’s stock valued at $1,167,000 after acquiring an additional 1,973 shares during the last quarter. Finally, ARQ Wealth Advisors LLC lifted its stake in JPMorgan USD Emerging Markets Sovereign Bond ETF by 2.9% in the fourth quarter. ARQ Wealth Advisors LLC now owns 78,456 shares of the company’s stock valued at $3,167,000 after acquiring an additional 2,218 shares during the last quarter.

About JPMorgan USD Emerging Markets Sovereign Bond ETF

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.