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

Shares of JPMorgan USD Emerging Markets Sovereign Bond ETF (NYSEARCA:JPMB) saw unusually-high trading volume on Friday . Approximately 2,618,653 shares were traded 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 Stock Up 0.1 %

The firm has a fifty day moving average price of $38.71 and a 200 day moving average price of $39.34.

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

Several large investors have recently made changes to their positions in the stock. Envestnet Asset Management Inc. boosted its holdings in shares of JPMorgan USD Emerging Markets Sovereign Bond ETF by 2.9% in the 2nd quarter. Envestnet Asset Management Inc. now owns 650,139 shares of the company’s stock valued at $25,141,000 after buying an additional 18,128 shares during the last quarter. RiverFront Investment Group LLC lifted its holdings in JPMorgan USD Emerging Markets Sovereign Bond ETF by 12.4% during the 2nd quarter. RiverFront Investment Group LLC now owns 483,741 shares of the company’s stock valued at $18,707,000 after purchasing an additional 53,272 shares during the last quarter. Raymond James & Associates lifted its holdings in JPMorgan USD Emerging Markets Sovereign Bond ETF by 83.1% during the 3rd quarter. Raymond James & Associates now owns 393,207 shares of the company’s stock valued at $15,973,000 after purchasing an additional 178,507 shares during the last quarter. Janney Montgomery Scott LLC lifted its holdings in JPMorgan USD Emerging Markets Sovereign Bond ETF by 84.9% during the 3rd quarter. Janney Montgomery Scott LLC now owns 121,235 shares of the company’s stock valued at $4,925,000 after purchasing an additional 55,672 shares during the last quarter. Finally, Stifel Financial Corp lifted its holdings in JPMorgan USD Emerging Markets Sovereign Bond ETF by 90.0% during the 3rd quarter. Stifel Financial Corp now owns 40,465 shares of the company’s stock valued at $1,644,000 after purchasing an additional 19,172 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.