JPMorgan USD Emerging Markets Sovereign Bond ETF (NYSEARCA:JPMB) Sees Unusually-High Trading Volume – Still a Buy?

JPMorgan USD Emerging Markets Sovereign Bond ETF (NYSEARCA:JPMB) saw an uptick in trading volume on Thursday . 78,938 shares were traded during trading, an increase of 53% from the previous session’s volume of 51,731 shares.The stock last traded at $38.12 and had previously closed at $38.04.

JPMorgan USD Emerging Markets Sovereign Bond ETF Stock Up 0.2 %

The firm has a fifty day moving average price of $38.95 and a 200 day moving average price of $39.40.

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

Hedge funds and other institutional investors have recently bought and sold shares of the business. TD Private Client Wealth LLC increased its holdings in shares of JPMorgan USD Emerging Markets Sovereign Bond ETF by 66.0% in the 3rd quarter. TD Private Client Wealth LLC now owns 883 shares of the company’s stock valued at $36,000 after purchasing an additional 351 shares in the last quarter. Truist Financial Corp lifted its position in shares of JPMorgan USD Emerging Markets Sovereign Bond ETF by 2.4% during the 2nd quarter. Truist Financial Corp now owns 28,780 shares of the company’s stock valued at $1,113,000 after acquiring an additional 671 shares during the period. Focus Financial Network Inc. boosted its stake in shares of JPMorgan USD Emerging Markets Sovereign Bond ETF by 4.5% during the 3rd quarter. Focus Financial Network Inc. now owns 16,118 shares of the company’s stock worth $655,000 after acquiring an additional 687 shares in the last quarter. Convergence Financial LLC boosted its stake in shares of JPMorgan USD Emerging Markets Sovereign Bond ETF by 10.4% during the 3rd quarter. Convergence Financial LLC now owns 7,368 shares of the company’s stock worth $299,000 after acquiring an additional 693 shares in the last quarter. Finally, Koshinski Asset Management Inc. grew its holdings in shares of JPMorgan USD Emerging Markets Sovereign Bond ETF by 33.0% in the 3rd quarter. Koshinski Asset Management Inc. now owns 8,333 shares of the company’s stock worth $338,000 after acquiring 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.