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

JPMorgan USD Emerging Markets Sovereign Bond ETF (NYSEARCA:JPMB) shares saw strong trading volume on Friday . 2,618,653 shares changed hands during trading, an increase of 945% from the previous session’s volume of 250,646 shares.The stock last traded at $38.34 and had previously closed at $38.24.

JPMorgan USD Emerging Markets Sovereign Bond ETF Trading Up 0.1 %

The business’s 50-day simple moving average is $38.71 and its 200-day simple moving average is $39.34.

Institutional Inflows and Outflows

A number of large investors have recently added to or reduced their stakes in the business. TD Private Client Wealth LLC increased its stake 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 acquiring an additional 351 shares during the last quarter. GAMMA Investing LLC increased its stake in shares of JPMorgan USD Emerging Markets Sovereign Bond ETF by 324.5% in the 3rd quarter. GAMMA Investing LLC now owns 4,135 shares of the company’s stock valued at $168,000 after acquiring an additional 3,161 shares during the last quarter. Dynamic Advisor Solutions LLC bought a new stake in shares of JPMorgan USD Emerging Markets Sovereign Bond ETF in the 3rd quarter valued at about $203,000. Marcum Wealth LLC bought a new stake in shares of JPMorgan USD Emerging Markets Sovereign Bond ETF in the 3rd quarter valued at about $256,000. Finally, Convergence Financial LLC increased its stake in shares of JPMorgan USD Emerging Markets Sovereign Bond ETF by 10.4% in the 3rd quarter. Convergence Financial LLC now owns 7,368 shares of the company’s stock valued at $299,000 after acquiring an additional 693 shares during the last quarter.

JPMorgan USD Emerging Markets Sovereign Bond ETF Company Profile

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.