Janney Montgomery Scott LLC Takes Position in JPMorgan USD Emerging Markets Sovereign Bond ETF (NYSEARCA:JPMB)

Janney Montgomery Scott LLC bought a new stake in JPMorgan USD Emerging Markets Sovereign Bond ETF (NYSEARCA:JPMB) during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor bought 70,052 shares of the company’s stock, valued at approximately $2,751,000. Janney Montgomery Scott LLC owned about 0.41% of JPMorgan USD Emerging Markets Sovereign Bond ETF at the end of the most recent reporting period.

Several other institutional investors have also added to or reduced their stakes in JPMB. Mather Group LLC. bought a new position in shares of JPMorgan USD Emerging Markets Sovereign Bond ETF during the 1st quarter worth approximately $35,000. BKM Wealth Management LLC bought a new position in shares of JPMorgan USD Emerging Markets Sovereign Bond ETF during the 4th quarter worth approximately $71,000. Sharkey Howes & Javer bought a new position in shares of JPMorgan USD Emerging Markets Sovereign Bond ETF during the 4th quarter worth approximately $226,000. Pure Financial Advisors LLC boosted its holdings in shares of JPMorgan USD Emerging Markets Sovereign Bond ETF by 4.3% during the 4th quarter. Pure Financial Advisors LLC now owns 14,174 shares of the company’s stock worth $565,000 after buying an additional 588 shares in the last quarter. Finally, Focus Financial Network Inc. ADV bought a new position in shares of JPMorgan USD Emerging Markets Sovereign Bond ETF during the 4th quarter worth approximately $582,000.

JPMorgan USD Emerging Markets Sovereign Bond ETF Stock Performance

JPMorgan USD Emerging Markets Sovereign Bond ETF stock opened at $39.34 on Friday. JPMorgan USD Emerging Markets Sovereign Bond ETF has a 52-week low of $35.92 and a 52-week high of $40.30. The stock’s 50 day moving average price is $38.88 and its two-hundred day moving average price is $38.91.

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.