RiverFront Investment Group LLC Has $39.32 Million Position in JPMorgan USD Emerging Markets Sovereign Bond ETF (NYSEARCA:JPMB)

RiverFront Investment Group LLC boosted its position in JPMorgan USD Emerging Markets Sovereign Bond ETF (NYSEARCA:JPMB) by 10.6% in the 4th quarter, HoldingsChannel.com reports. The firm owned 1,033,698 shares of the company’s stock after buying an additional 99,102 shares during the period. RiverFront Investment Group LLC owned about 0.07% of JPMorgan USD Emerging Markets Sovereign Bond ETF worth $39,322,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in JPMB. JPMorgan Chase & Co. lifted its holdings in shares of JPMorgan USD Emerging Markets Sovereign Bond ETF by 2,147.0% during the fourth quarter. JPMorgan Chase & Co. now owns 808,212 shares of the company’s stock worth $30,744,000 after buying an additional 772,244 shares in the last quarter. Raymond James Financial Inc. bought a new position in JPMorgan USD Emerging Markets Sovereign Bond ETF during the fourth quarter worth about $14,495,000. Stifel Financial Corp raised its stake in JPMorgan USD Emerging Markets Sovereign Bond ETF by 90.0% in the 3rd quarter. Stifel Financial Corp now owns 40,465 shares of the company’s stock worth $1,644,000 after purchasing an additional 19,172 shares in the last quarter. Flow Traders U.S. LLC boosted its holdings in JPMorgan USD Emerging Markets Sovereign Bond ETF by 136.5% in the 3rd quarter. Flow Traders U.S. LLC now owns 29,815 shares of the company’s stock valued at $1,211,000 after purchasing an additional 17,207 shares during the period. Finally, Forthright Family Wealth Advisory LLC acquired a new position in shares of JPMorgan USD Emerging Markets Sovereign Bond ETF during the 3rd quarter worth approximately $517,000.

JPMorgan USD Emerging Markets Sovereign Bond ETF Stock Up 0.2 %

Shares of JPMB opened at $38.42 on Friday. The firm’s 50 day moving average is $38.53 and its 200-day moving average is $39.01. JPMorgan USD Emerging Markets Sovereign Bond ETF has a 12 month low of $37.71 and a 12 month high of $40.73.

JPMorgan USD Emerging Markets Sovereign Bond ETF 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.