Sonoma Allocations LLC Takes Position in JPMorgan International Bond Opportunities ETF $JPIB

Sonoma Allocations LLC purchased a new stake in JPMorgan International Bond Opportunities ETF (BATS:JPIB) in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor purchased 125,732 shares of the company’s stock, valued at approximately $6,177,000. JPMorgan International Bond Opportunities ETF makes up about 2.3% of Sonoma Allocations LLC’s portfolio, making the stock its 12th largest position.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the company. Hazlett Burt & Watson Inc. bought a new stake in JPMorgan International Bond Opportunities ETF during the 2nd quarter worth approximately $38,000. Coastline Trust Co acquired a new stake in shares of JPMorgan International Bond Opportunities ETF in the third quarter valued at $38,000. Assetmark Inc. bought a new position in shares of JPMorgan International Bond Opportunities ETF in the second quarter valued at about $39,000. Farther Finance Advisors LLC bought a new stake in JPMorgan International Bond Opportunities ETF during the 3rd quarter worth about $50,000. Finally, WFA of San Diego LLC acquired a new stake in JPMorgan International Bond Opportunities ETF in the 2nd quarter valued at about $74,000.

JPMorgan International Bond Opportunities ETF Trading Up 4.1%

Shares of JPIB stock opened at $48.96 on Friday. JPMorgan International Bond Opportunities ETF has a 1 year low of $46.54 and a 1 year high of $48.84. The firm’s 50 day moving average is $48.88 and its 200-day moving average is $48.81. The firm has a market capitalization of $910.56 million, a price-to-earnings ratio of 4.86 and a beta of 0.24.

About JPMorgan International Bond Opportunities ETF

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.