Sound Income Strategies LLC Makes New $19.12 Million Investment in JPMorgan USD Emerging Markets Sovereign Bond ETF $JPMB

Sound Income Strategies LLC purchased a new stake in shares of JPMorgan USD Emerging Markets Sovereign Bond ETF (NYSEARCA:JPMB) during the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm purchased 503,522 shares of the company’s stock, valued at approximately $19,125,000. Sound Income Strategies LLC owned 0.20% of JPMorgan USD Emerging Markets Sovereign Bond ETF at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently made changes to their positions in JPMB. Bank of America Corp DE raised its holdings in shares of JPMorgan USD Emerging Markets Sovereign Bond ETF by 7.6% in the first quarter. Bank of America Corp DE now owns 204,841 shares of the company’s stock valued at $8,041,000 after acquiring an additional 14,448 shares in the last quarter. Royal Bank of Canada grew its holdings in JPMorgan USD Emerging Markets Sovereign Bond ETF by 750.0% during the 1st quarter. Royal Bank of Canada now owns 2,550 shares of the company’s stock worth $100,000 after acquiring an additional 2,250 shares in the last quarter. Farther Finance Advisors LLC grew its holdings in JPMorgan USD Emerging Markets Sovereign Bond ETF by 42.1% during the 3rd quarter. Farther Finance Advisors LLC now owns 15,186 shares of the company’s stock worth $578,000 after acquiring an additional 4,498 shares in the last quarter. Integrated Wealth Concepts LLC increased its position in JPMorgan USD Emerging Markets Sovereign Bond ETF by 38.6% during the 2nd quarter. Integrated Wealth Concepts LLC now owns 9,093 shares of the company’s stock valued at $367,000 after purchasing an additional 2,531 shares during the period. Finally, GAMMA Investing LLC increased its position in JPMorgan USD Emerging Markets Sovereign Bond ETF by 138.0% during the 2nd quarter. GAMMA Investing LLC now owns 983 shares of the company’s stock valued at $40,000 after purchasing an additional 570 shares during the period.

JPMorgan USD Emerging Markets Sovereign Bond ETF Trading Up 0.2%

Shares of NYSEARCA:JPMB traded up $0.06 during trading hours on Friday, hitting $38.04. The company’s stock had a trading volume of 12,208 shares, compared to its average volume of 15,752. JPMorgan USD Emerging Markets Sovereign Bond ETF has a 52 week low of $37.53 and a 52 week high of $40.90. The firm’s fifty day moving average price is $39.16 and its 200 day moving average price is $39.63.

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. JPMB was launched on Jan 29, 2018 and is managed by JPMorgan Chase.