JPMorgan USD Emerging Markets Sovereign Bond ETF (NYSEARCA:JPMB) Stock Crosses Below 200-Day Moving Average – Here’s What Happened

JPMorgan USD Emerging Markets Sovereign Bond ETF (NYSEARCA:JPMB)’s share price passed below its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of $39.42 and traded as low as $39.29. JPMorgan USD Emerging Markets Sovereign Bond ETF shares last traded at $39.38, with a volume of 8,492 shares changing hands.

JPMorgan USD Emerging Markets Sovereign Bond ETF Price Performance

The business has a 50 day moving average price of $39.60 and a two-hundred day moving average price of $39.42.

Institutional Inflows and Outflows

Large investors have recently added to or reduced their stakes in the business. TD Private Client Wealth LLC lifted its holdings in 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 worth $36,000 after purchasing an additional 351 shares in the last quarter. GAMMA Investing LLC purchased a new position in JPMorgan USD Emerging Markets Sovereign Bond ETF in the 2nd quarter worth approximately $38,000. Comerica Bank purchased a new position in JPMorgan USD Emerging Markets Sovereign Bond ETF in the 1st quarter worth approximately $135,000. Dynamic Advisor Solutions LLC purchased a new position in JPMorgan USD Emerging Markets Sovereign Bond ETF in the 3rd quarter worth approximately $203,000. Finally, Marcum Wealth LLC purchased a new position in JPMorgan USD Emerging Markets Sovereign Bond ETF in the 3rd quarter worth approximately $256,000.

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.