Convergence Financial LLC Acquires 693 Shares of JPMorgan USD Emerging Markets Sovereign Bond ETF (NYSEARCA:JPMB)

Convergence Financial LLC boosted its holdings in JPMorgan USD Emerging Markets Sovereign Bond ETF (NYSEARCA:JPMB) by 10.4% during the third quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 7,368 shares of the company’s stock after acquiring an additional 693 shares during the quarter. Convergence Financial LLC’s holdings in JPMorgan USD Emerging Markets Sovereign Bond ETF were worth $299,000 at the end of the most recent reporting period.

A number of other institutional investors have also added to or reduced their stakes in JPMB. GAMMA Investing LLC purchased a new position in shares of JPMorgan USD Emerging Markets Sovereign Bond ETF in the 2nd quarter worth about $38,000. Comerica Bank purchased a new position in shares of JPMorgan USD Emerging Markets Sovereign Bond ETF in the 1st quarter worth about $135,000. Dynamic Advisor Solutions LLC purchased a new position in shares of JPMorgan USD Emerging Markets Sovereign Bond ETF in the 3rd quarter worth about $203,000. Marcum Wealth LLC purchased a new stake in JPMorgan USD Emerging Markets Sovereign Bond ETF during the 3rd quarter valued at about $256,000. Finally, Koshinski Asset Management Inc. boosted its holdings in JPMorgan USD Emerging Markets Sovereign Bond ETF by 33.0% during the 3rd quarter. Koshinski Asset Management Inc. now owns 8,333 shares of the company’s stock valued at $338,000 after acquiring an additional 2,066 shares during the period.

JPMorgan USD Emerging Markets Sovereign Bond ETF Stock Performance

Shares of JPMB stock opened at $39.42 on Friday. JPMorgan USD Emerging Markets Sovereign Bond ETF has a 1-year low of $36.30 and a 1-year high of $40.73. The business has a 50-day moving average of $40.09 and a 200 day moving average of $39.29.

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.