JPMorgan USD Emerging Markets Sovereign Bond ETF (NYSEARCA:JPMB) Sets New 52-Week Low – Should You Sell?

JPMorgan USD Emerging Markets Sovereign Bond ETF (NYSEARCA:JPMB) reached a new 52-week low on Friday . The company traded as low as $37.80 and last traded at $37.80, with a volume of 452 shares changing hands. The stock had previously closed at $37.96.

JPMorgan USD Emerging Markets Sovereign Bond ETF Trading Down 0.3 %

The firm has a 50-day moving average of $38.82 and a 200-day moving average of $39.36.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently bought and sold shares of JPMB. Wealth Enhancement Advisory Services LLC purchased a new position in JPMorgan USD Emerging Markets Sovereign Bond ETF during the 3rd quarter valued at $439,000. Stifel Financial Corp boosted its position 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 acquiring an additional 19,172 shares in the last quarter. GAMMA Investing LLC grew its holdings in shares of JPMorgan USD Emerging Markets Sovereign Bond ETF by 53.0% during the 4th quarter. GAMMA Investing LLC now owns 6,326 shares of the company’s stock worth $241,000 after acquiring an additional 2,191 shares during the period. RiverFront Investment Group LLC raised its position in shares of JPMorgan USD Emerging Markets Sovereign Bond ETF by 12.4% in the 2nd quarter. RiverFront Investment Group LLC now owns 483,741 shares of the company’s stock worth $18,707,000 after acquiring an additional 53,272 shares in the last quarter. Finally, Koshinski Asset Management Inc. lifted its stake in shares of JPMorgan USD Emerging Markets Sovereign Bond ETF by 33.0% in the 3rd quarter. Koshinski Asset Management Inc. now owns 8,333 shares of the company’s stock valued at $338,000 after purchasing an additional 2,066 shares during the period.

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.