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

Shares of JPMorgan USD Emerging Markets Sovereign Bond ETF (NYSEARCA:JPMB) saw strong trading volume on Thursday . 82,928 shares were traded during mid-day trading, an increase of 178% from the previous session’s volume of 29,791 shares.The stock last traded at $39.35 and had previously closed at $39.40.

JPMorgan USD Emerging Markets Sovereign Bond ETF Stock Up 0.6 %

The firm has a 50 day moving average price of $38.97 and a 200-day moving average price of $38.88.

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

A number of institutional investors and hedge funds have recently modified their holdings of JPMB. Mather Group LLC. bought a new stake in shares of JPMorgan USD Emerging Markets Sovereign Bond ETF during the 1st quarter worth approximately $35,000. GAMMA Investing LLC purchased a new position in JPMorgan USD Emerging Markets Sovereign Bond ETF during the 2nd quarter worth $38,000. Comerica Bank purchased a new position in JPMorgan USD Emerging Markets Sovereign Bond ETF during the 1st quarter worth $135,000. Focus Financial Network Inc. ADV purchased a new position in JPMorgan USD Emerging Markets Sovereign Bond ETF during the 4th quarter worth $582,000. Finally, Focus Financial Network Inc. increased its holdings in JPMorgan USD Emerging Markets Sovereign Bond ETF by 2.2% during the 2nd quarter. Focus Financial Network Inc. now owns 15,431 shares of the company’s stock worth $606,000 after purchasing an additional 337 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.