JPMorgan USD Emerging Markets Sovereign Bond ETF (NYSEARCA:JPMB) Stock Price Up 0.1% – Should You Buy?

by · The Cerbat Gem

JPMorgan USD Emerging Markets Sovereign Bond ETF (NYSEARCA:JPMB – Get Free Report)’s share price shot up 0.1% on Monday . The stock traded as high as $40.59 and last traded at $40.56. 6,278 shares traded hands during mid-day trading, a decline of 90% from the average session volume of 62,537 shares. The stock had previously closed at $40.53.

JPMorgan USD Emerging Markets Sovereign Bond ETF Trading Up 0.1%

The business has a fifty day simple moving average of $40.48 and a 200 day simple moving average of $39.76.

Institutional Investors Weigh In On JPMorgan USD Emerging Markets Sovereign Bond ETF

Institutional investors and hedge funds have recently bought and sold shares of the business. Mather Group LLC. acquired a new position in JPMorgan USD Emerging Markets Sovereign Bond ETF in the third quarter valued at approximately $28,000. Osaic Holdings Inc. increased its position in JPMorgan USD Emerging Markets Sovereign Bond ETF by 8.1% in the second quarter. Osaic Holdings Inc. now owns 4,913 shares of the company’s stock worth $191,000 after buying an additional 368 shares during the period. Hsbc Holdings PLC bought a new stake in JPMorgan USD Emerging Markets Sovereign Bond ETF in the first quarter valued at $299,000. Convergence Financial LLC boosted its holdings in shares of JPMorgan USD Emerging Markets Sovereign Bond ETF by 6.7% during the second quarter. Convergence Financial LLC now owns 8,279 shares of the company’s stock valued at $323,000 after acquiring an additional 519 shares during the period. Finally, Pure Financial Advisors LLC grew its position in shares of JPMorgan USD Emerging Markets Sovereign Bond ETF by 9.8% during the second quarter. Pure Financial Advisors LLC now owns 15,337 shares of the company’s stock worth $598,000 after acquiring an additional 1,363 shares during the last quarter.

About JPMorgan USD Emerging Markets Sovereign Bond ETF

(Get Free Report)

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.

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