JPMorgan USD Emerging Markets Sovereign Bond ETF (NYSEARCA:JPMB) Sees Strong Trading Volume – Here’s What Happened

JPMorgan USD Emerging Markets Sovereign Bond ETF (NYSEARCA:JPMB) shares saw strong trading volume on Thursday . 178,841 shares traded hands during mid-day trading, an increase of 316% from the previous session’s volume of 42,965 shares.The stock last traded at $38.15 and had previously closed at $38.35.

JPMorgan USD Emerging Markets Sovereign Bond ETF Stock Performance

The business has a 50-day moving average price of $39.29 and a 200 day moving average price of $39.45.

Institutional Trading of JPMorgan USD Emerging Markets Sovereign Bond ETF

Several institutional investors and hedge funds have recently bought and sold shares of the stock. Wealth Enhancement Advisory Services LLC acquired a new stake in shares of JPMorgan USD Emerging Markets Sovereign Bond ETF during the third quarter valued at approximately $439,000. Raymond James & Associates raised its stake in JPMorgan USD Emerging Markets Sovereign Bond ETF by 4.2% during the 2nd quarter. Raymond James & Associates now owns 214,700 shares of the company’s stock valued at $8,303,000 after purchasing an additional 8,625 shares during the period. RiverFront Investment Group LLC lifted its holdings in shares of JPMorgan USD Emerging Markets Sovereign Bond ETF by 12.4% in the second quarter. RiverFront Investment Group LLC now owns 483,741 shares of the company’s stock valued at $18,707,000 after purchasing an additional 53,272 shares in the last quarter. GAMMA Investing LLC boosted its position in shares of JPMorgan USD Emerging Markets Sovereign Bond ETF by 324.5% in the third quarter. GAMMA Investing LLC now owns 4,135 shares of the company’s stock worth $168,000 after buying an additional 3,161 shares during the period. Finally, Koshinski Asset Management Inc. raised its position in JPMorgan USD Emerging Markets Sovereign Bond ETF by 33.0% during the third quarter. Koshinski Asset Management Inc. now owns 8,333 shares of the company’s stock valued at $338,000 after buying an additional 2,066 shares during the period.

About JPMorgan USD Emerging Markets Sovereign Bond ETF

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.