JPMorgan International Bond Opportunities ETF $JPIB Stock: KMG Fiduciary Partners LLC Reduces Position

KMG Fiduciary Partners LLC cut its stake in shares of JPMorgan International Bond Opportunities ETF (NYSEARCA:JPIB) by 9.6% during the 3rd quarter, according to its most recent filing with the SEC. The institutional investor owned 331,211 shares of the company’s stock after selling 34,974 shares during the period. JPMorgan International Bond Opportunities ETF makes up approximately 1.4% of KMG Fiduciary Partners LLC’s holdings, making the stock its 18th largest holding. KMG Fiduciary Partners LLC owned about 0.69% of JPMorgan International Bond Opportunities ETF worth $15,468,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Avantax Planning Partners Inc. grew its position in JPMorgan International Bond Opportunities ETF by 4.5% in the first quarter. Avantax Planning Partners Inc. now owns 2,433,536 shares of the company’s stock valued at $116,372,000 after acquiring an additional 103,811 shares in the last quarter. Rice Partnership LLC raised its stake in shares of JPMorgan International Bond Opportunities ETF by 4.4% during the first quarter. Rice Partnership LLC now owns 1,490,968 shares of the company’s stock valued at $71,298,000 after purchasing an additional 62,702 shares during the period. Bank of America Corp DE lifted its position in shares of JPMorgan International Bond Opportunities ETF by 247.3% during the first quarter. Bank of America Corp DE now owns 1,078,443 shares of the company’s stock worth $51,571,000 after purchasing an additional 767,913 shares in the last quarter. Parallel Advisors LLC acquired a new position in shares of JPMorgan International Bond Opportunities ETF during the first quarter worth $42,225,000. Finally, Cetera Investment Advisers lifted its position in shares of JPMorgan International Bond Opportunities ETF by 29.0% during the first quarter. Cetera Investment Advisers now owns 757,482 shares of the company’s stock worth $36,223,000 after purchasing an additional 170,318 shares in the last quarter.

JPMorgan International Bond Opportunities ETF Stock Performance

Shares of JPIB stock opened at $46.78 on Wednesday. The company has a market capitalization of $2.26 billion, a PE ratio of 4.86 and a beta of 0.25. The firm has a fifty day simple moving average of $47.37 and a 200-day simple moving average of $47.80. JPMorgan International Bond Opportunities ETF has a twelve month low of $46.38 and a twelve 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.