JPMorgan USD Emerging Markets Sovereign Bond ETF (NYSEARCA:JPMB) Trading Up 0.7%

JPMorgan USD Emerging Markets Sovereign Bond ETF (NYSEARCA:JPMB) shares shot up 0.7% during mid-day trading on Monday . The stock traded as high as $38.39 and last traded at $38.39. 14,639 shares changed hands during mid-day trading, a decline of 53% from the average session volume of 30,859 shares. The stock had previously closed at $38.14.

JPMorgan USD Emerging Markets Sovereign Bond ETF Stock Up 0.7 %

The business has a fifty day simple moving average of $38.85 and a 200 day simple moving average of $38.52.

Institutional Trading of JPMorgan USD Emerging Markets Sovereign Bond ETF

Several hedge funds and other institutional investors have recently bought and sold shares of JPMB. Raymond James & Associates bought a new stake in JPMorgan USD Emerging Markets Sovereign Bond ETF during the first quarter worth about $8,094,000. Mather Group LLC. bought a new stake in shares of JPMorgan USD Emerging Markets Sovereign Bond ETF during the 1st quarter worth approximately $35,000. Focus Financial Network Inc. ADV acquired a new stake in shares of JPMorgan USD Emerging Markets Sovereign Bond ETF during the 4th quarter worth approximately $582,000. McKinley Carter Wealth Services Inc. increased its stake in JPMorgan USD Emerging Markets Sovereign Bond ETF by 3.9% in the fourth quarter. McKinley Carter Wealth Services Inc. now owns 86,827 shares of the company’s stock valued at $3,462,000 after acquiring an additional 3,258 shares during the last quarter. Finally, Sharkey Howes & Javer acquired a new position in JPMorgan USD Emerging Markets Sovereign Bond ETF during the fourth quarter valued at approximately $226,000.

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.