JPMorgan USD Emerging Markets Sovereign Bond ETF (NYSEARCA:JPMB) Shares Up 0.3% – What’s Next?

JPMorgan USD Emerging Markets Sovereign Bond ETF (NYSEARCA:JPMB)’s share price was up 0.3% during mid-day trading on Thursday. The company traded as high as $38.00 and last traded at $37.98. Approximately 54,095 shares were traded during trading, an increase of 243% from the average daily volume of 15,770 shares. The stock had previously closed at $37.88.

JPMorgan USD Emerging Markets Sovereign Bond ETF Stock Performance

The company’s 50-day moving average price is $39.13 and its 200 day moving average price is $39.62.

Institutional Trading of JPMorgan USD Emerging Markets Sovereign Bond ETF

Several large investors have recently made changes to their positions in the company. Sound Income Strategies LLC purchased a new position in JPMorgan USD Emerging Markets Sovereign Bond ETF during the third quarter worth about $19,125,000. Bank of America Corp DE boosted its holdings 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 purchasing an additional 14,448 shares during the last quarter. ARQ Wealth Advisors LLC grew its stake in shares of JPMorgan USD Emerging Markets Sovereign Bond ETF by 9.4% in the 1st quarter. ARQ Wealth Advisors LLC now owns 85,807 shares of the company’s stock valued at $3,368,000 after buying an additional 7,351 shares during the period. Hsbc Holdings PLC grew its stake in shares of JPMorgan USD Emerging Markets Sovereign Bond ETF by 34.9% in the 1st quarter. Hsbc Holdings PLC now owns 37,255 shares of the company’s stock valued at $1,462,000 after buying an additional 9,630 shares during the period. Finally, Forthright Family Wealth Advisory LLC increased its holdings in shares of JPMorgan USD Emerging Markets Sovereign Bond ETF by 7.3% during the 4th quarter. Forthright Family Wealth Advisory LLC now owns 28,906 shares of the company’s stock worth $1,167,000 after buying an additional 1,973 shares during 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.