JPMorgan USD Emerging Markets Sovereign Bond ETF (NYSEARCA:JPMB) Sees Strong Trading Volume

JPMorgan USD Emerging Markets Sovereign Bond ETF (NYSEARCA:JPMB) shares saw strong trading volume on Friday . 251,499 shares were traded during trading, an increase of 698% from the previous session’s volume of 31,509 shares.The stock last traded at $38.52 and had previously closed at $38.27.

JPMorgan USD Emerging Markets Sovereign Bond ETF Trading Up 0.8 %

The company’s 50 day moving average price is $38.75 and its 200 day moving average price is $38.61.

Institutional Inflows and Outflows

Several institutional investors have recently modified their holdings of the company. RiverFront Investment Group LLC acquired a new stake in JPMorgan USD Emerging Markets Sovereign Bond ETF during the 1st quarter valued at approximately $16,916,000. Raymond James & Associates purchased a new position in shares of JPMorgan USD Emerging Markets Sovereign Bond ETF during the first quarter worth $8,094,000. Baker Avenue Asset Management LP lifted its position in JPMorgan USD Emerging Markets Sovereign Bond ETF by 20.1% during the third quarter. Baker Avenue Asset Management LP now owns 144,144 shares of the company’s stock valued at $5,370,000 after purchasing an additional 24,152 shares during the period. Hoylecohen LLC boosted its holdings in JPMorgan USD Emerging Markets Sovereign Bond ETF by 3.1% in the third quarter. Hoylecohen LLC now owns 114,736 shares of the company’s stock valued at $4,274,000 after purchasing an additional 3,442 shares during the last quarter. Finally, McKinley Carter Wealth Services Inc. boosted its holdings in JPMorgan USD Emerging Markets Sovereign Bond ETF by 6.7% in the first quarter. McKinley Carter Wealth Services Inc. now owns 92,655 shares of the company’s stock valued at $3,639,000 after purchasing an additional 5,828 shares during the last quarter.

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.