Verus Capital Partners LLC Sells 126,079 Shares of JPMorgan International Bond Opportunities ETF $JPIB

Verus Capital Partners LLC lowered its position in JPMorgan International Bond Opportunities ETF (BATS:JPIB) by 95.6% in the 1st quarter, HoldingsChannel.com reports. The firm owned 5,738 shares of the company’s stock after selling 126,079 shares during the period. Verus Capital Partners LLC’s holdings in JPMorgan International Bond Opportunities ETF were worth $274,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in JPIB. IFP Advisors Inc increased its stake in JPMorgan International Bond Opportunities ETF by 1,328.6% in the 3rd quarter. IFP Advisors Inc now owns 500 shares of the company’s stock valued at $25,000 after buying an additional 465 shares during the last quarter. Western Wealth Management LLC purchased a new position in shares of JPMorgan International Bond Opportunities ETF in the 1st quarter worth approximately $34,000. Legacy Wealth Managment LLC ID purchased a new position in shares of JPMorgan International Bond Opportunities ETF in the 4th quarter worth approximately $44,000. CWM LLC boosted its stake in shares of JPMorgan International Bond Opportunities ETF by 730.5% in the 4th quarter. CWM LLC now owns 980 shares of the company’s stock worth $48,000 after buying an additional 862 shares during the last quarter. Finally, Elyxium Wealth LLC bought a new position in shares of JPMorgan International Bond Opportunities ETF in the fourth quarter valued at approximately $49,000.

JPMorgan International Bond Opportunities ETF Stock Performance

Shares of JPIB opened at $47.87 on Monday. The company has a market capitalization of $890.38 million, a price-to-earnings ratio of 4.86 and a beta of 0.24. The stock has a 50 day moving average of $48.09 and a 200 day moving average of $48.32. JPMorgan International Bond Opportunities ETF has a 12 month low of $47.35 and a 12 month high of $49.42.

JPMorgan International Bond Opportunities ETF Profile

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.