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)’s stock price reached a new 52-week low during trading on Friday . The stock traded as low as $37.80 and last traded at $37.80, with a volume of 452 shares traded. The stock had previously closed at $37.96.

JPMorgan USD Emerging Markets Sovereign Bond ETF Trading Down 0.3 %

The stock’s fifty day simple moving average is $38.82 and its two-hundred day simple moving average is $39.36.

Institutional Trading of JPMorgan USD Emerging Markets Sovereign Bond ETF

A number of institutional investors have recently added to or reduced their stakes in the stock. TD Private Client Wealth LLC boosted its holdings in JPMorgan USD Emerging Markets Sovereign Bond ETF by 66.0% in the 3rd quarter. TD Private Client Wealth LLC now owns 883 shares of the company’s stock valued at $36,000 after purchasing an additional 351 shares during the period. GAMMA Investing LLC boosted its stake in JPMorgan USD Emerging Markets Sovereign Bond ETF by 324.5% during the third quarter. GAMMA Investing LLC now owns 4,135 shares of the company’s stock valued at $168,000 after buying an additional 3,161 shares during the period. Dynamic Advisor Solutions LLC bought a new stake in JPMorgan USD Emerging Markets Sovereign Bond ETF during the third quarter valued at $203,000. Marcum Wealth LLC purchased a new position in JPMorgan USD Emerging Markets Sovereign Bond ETF during the third quarter worth about $256,000. Finally, Convergence Financial LLC increased its stake in JPMorgan USD Emerging Markets Sovereign Bond ETF by 10.4% in the 3rd quarter. Convergence Financial LLC now owns 7,368 shares of the company’s stock worth $299,000 after acquiring an additional 693 shares during the last quarter.

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.