JPMorgan Chase & Co. Has $19.10 Million Holdings in iShares Convertible Bond ETF (BATS:ICVT)

JPMorgan Chase & Co. boosted its position in shares of iShares Convertible Bond ETF (BATS:ICVT) by 32.6% during the third quarter, HoldingsChannel reports. The institutional investor owned 228,239 shares of the company’s stock after purchasing an additional 56,149 shares during the period. JPMorgan Chase & Co.’s holdings in iShares Convertible Bond ETF were worth $19,097,000 at the end of the most recent reporting period.

Several other hedge funds have also recently bought and sold shares of the company. Envestnet Asset Management Inc. boosted its stake in iShares Convertible Bond ETF by 14.5% in the second quarter. Envestnet Asset Management Inc. now owns 1,094,735 shares of the company’s stock valued at $86,079,000 after buying an additional 138,493 shares in the last quarter. Susquehanna International Group LLP acquired a new stake in shares of iShares Convertible Bond ETF in the 2nd quarter valued at approximately $80,458,000. 1832 Asset Management L.P. grew its holdings in shares of iShares Convertible Bond ETF by 162.9% during the 2nd quarter. 1832 Asset Management L.P. now owns 729,587 shares of the company’s stock valued at $57,367,000 after purchasing an additional 452,039 shares during the last quarter. LPL Financial LLC increased its position in iShares Convertible Bond ETF by 8.4% during the 2nd quarter. LPL Financial LLC now owns 503,155 shares of the company’s stock worth $39,563,000 after purchasing an additional 38,791 shares in the last quarter. Finally, Advisory Alpha LLC lifted its stake in iShares Convertible Bond ETF by 1.9% in the 2nd quarter. Advisory Alpha LLC now owns 428,286 shares of the company’s stock valued at $33,682,000 after purchasing an additional 7,855 shares during the last quarter.

iShares Convertible Bond ETF Stock Down 0.4 %

BATS ICVT opened at $85.58 on Friday. The firm’s fifty day moving average price is $86.99 and its two-hundred day moving average price is $83.14. iShares Convertible Bond ETF has a fifty-two week low of $50.43 and a fifty-two week high of $58.18.

iShares Convertible Bond ETF Company Profile

The iShares Convertible Bond ETF (ICVT) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund tracks an index of USD-denominated convertible bonds weighted by market value. The index contains only cash-pay convertibles and excludes mandatory and preferred convertibles.