JPMorgan USD Emerging Markets Sovereign Bond ETF (NYSEARCA:JPMB) Stock Price Up 0.3% – Should You Buy?

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

JPMorgan USD Emerging Markets Sovereign Bond ETF Stock Performance

The company has a 50 day simple moving average of $39.16 and a two-hundred day simple moving average of $39.63.

Institutional Trading of JPMorgan USD Emerging Markets Sovereign Bond ETF

A number of institutional investors have recently bought and sold shares of JPMB. GAMMA Investing LLC boosted its stake 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 worth $40,000 after buying an additional 570 shares during the period. Royal Bank of Canada increased its position in JPMorgan USD Emerging Markets Sovereign Bond ETF by 750.0% during the first quarter. Royal Bank of Canada now owns 2,550 shares of the company’s stock valued at $100,000 after acquiring an additional 2,250 shares during the last quarter. Integrated Wealth Concepts LLC raised its stake in shares of JPMorgan USD Emerging Markets Sovereign Bond ETF by 38.6% in the second 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 during the period. Farther Finance Advisors LLC raised its stake in shares of JPMorgan USD Emerging Markets Sovereign Bond ETF by 42.1% in the third quarter. Farther Finance Advisors LLC now owns 15,186 shares of the company’s stock valued at $578,000 after acquiring an additional 4,498 shares during the period. Finally, Hsbc Holdings PLC lifted its holdings in shares of JPMorgan USD Emerging Markets Sovereign Bond ETF by 22.0% in the 4th quarter. Hsbc Holdings PLC now owns 27,625 shares of the company’s stock worth $1,115,000 after acquiring an additional 4,975 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.