JPMorgan International Bond Opportunities ETF $JPIB Shares Sold by Contango Wealth Management LLC

Contango Wealth Management LLC lowered its position in shares of JPMorgan International Bond Opportunities ETF (BATS:JPIB) by 45.8% in the first quarter, Holdings Channel reports. The institutional investor owned 27,409 shares of the company’s stock after selling 23,132 shares during the period. JPMorgan International Bond Opportunities ETF accounts for 1.5% of Contango Wealth Management LLC’s holdings, making the stock its 18th biggest holding. Contango Wealth Management LLC’s holdings in JPMorgan International Bond Opportunities ETF were worth $1,311,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Jane Street Group LLC purchased a new position in JPMorgan International Bond Opportunities ETF during the first quarter worth about $1,781,000. JPMorgan Chase & Co. increased its position in JPMorgan International Bond Opportunities ETF by 78.1% during the 2nd quarter. JPMorgan Chase & Co. now owns 5,601 shares of the company’s stock worth $272,000 after purchasing an additional 2,456 shares during the period. Betterment LLC acquired a new position in JPMorgan International Bond Opportunities ETF during the 2nd quarter worth approximately $235,000. Raymond James Financial Inc. raised its stake in shares of JPMorgan International Bond Opportunities ETF by 26.5% during the 2nd quarter. Raymond James Financial Inc. now owns 443,234 shares of the company’s stock worth $21,550,000 after buying an additional 92,948 shares in the last quarter. Finally, Bank of America Corp DE lifted its holdings in shares of JPMorgan International Bond Opportunities ETF by 24.1% in the 2nd quarter. Bank of America Corp DE now owns 616,260 shares of the company’s stock valued at $29,963,000 after buying an additional 119,627 shares during the period.

JPMorgan International Bond Opportunities ETF Price Performance

JPMorgan International Bond Opportunities ETF stock opened at $47.87 on Monday. JPMorgan International Bond Opportunities ETF has a 1-year low of $47.35 and a 1-year high of $49.42. The company has a market cap of $890.38 million, a PE ratio of 4.86 and a beta of 0.24. The stock’s 50 day moving average price is $48.09 and its 200 day moving average price is $48.32.

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.