JPMorgan USD Emerging Markets Sovereign Bond ETF (NYSEARCA:JPMB) Shares Up 0.2% – Still a Buy?

Shares of JPMorgan USD Emerging Markets Sovereign Bond ETF (NYSEARCA:JPMB) were up 0.2% during trading on Wednesday . The company traded as high as $39.02 and last traded at $38.91. Approximately 156,797 shares traded hands during trading, an increase of 953% from the average session volume of 14,894 shares. The stock had previously closed at $38.85.

JPMorgan USD Emerging Markets Sovereign Bond ETF Stock Down 0.3%

The business’s 50 day simple moving average is $39.57 and its two-hundred day simple moving average is $39.79.

Hedge Funds Weigh In On JPMorgan USD Emerging Markets Sovereign Bond ETF

Several large investors have recently added to or reduced their stakes in JPMB. Bank of America Corp DE lifted its holdings in shares of JPMorgan USD Emerging Markets Sovereign Bond ETF by 7.6% in the first 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 in the last quarter. ARQ Wealth Advisors LLC raised its position in 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 last quarter. Hsbc Holdings PLC raised its position in 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 last quarter. Forthright Family Wealth Advisory LLC lifted its stake in 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 valued at $1,167,000 after acquiring an additional 1,973 shares in the last quarter. Finally, Integrated Wealth Concepts LLC lifted its stake in JPMorgan USD Emerging Markets Sovereign Bond ETF by 38.6% during the 2nd quarter. Integrated Wealth Concepts LLC now owns 9,093 shares of the company’s stock valued at $367,000 after acquiring an additional 2,531 shares in 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.