SPDR Bloomberg Convertible Securities ETF (NYSEARCA:CWB) Shares Purchased by JPMorgan Chase & Co.

JPMorgan Chase & Co. raised its holdings in SPDR Bloomberg Convertible Securities ETF (NYSEARCA:CWB) by 20.9% during the third quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 120,893 shares of the exchange traded fund’s stock after purchasing an additional 20,878 shares during the quarter. JPMorgan Chase & Co. owned about 0.25% of SPDR Bloomberg Convertible Securities ETF worth $9,259,000 as of its most recent filing with the SEC.

A number of other institutional investors also recently bought and sold shares of the business. Prime Capital Investment Advisors LLC increased its stake in SPDR Bloomberg Convertible Securities ETF by 30.3% in the third quarter. Prime Capital Investment Advisors LLC now owns 4,187 shares of the exchange traded fund’s stock valued at $321,000 after purchasing an additional 974 shares during the period. Concourse Financial Group Securities Inc. boosted its holdings in shares of SPDR Bloomberg Convertible Securities ETF by 106.6% in the third quarter. Concourse Financial Group Securities Inc. now owns 1,907 shares of the exchange traded fund’s stock valued at $146,000 after acquiring an additional 984 shares in the last quarter. Future Financial Wealth Managment LLC purchased a new stake in shares of SPDR Bloomberg Convertible Securities ETF in the third quarter valued at about $77,000. Mount Lucas Management LP boosted its holdings in shares of SPDR Bloomberg Convertible Securities ETF by 3.0% in the third quarter. Mount Lucas Management LP now owns 35,946 shares of the exchange traded fund’s stock valued at $2,753,000 after acquiring an additional 1,046 shares in the last quarter. Finally, Oakworth Capital Inc. purchased a new stake in shares of SPDR Bloomberg Convertible Securities ETF in the third quarter valued at about $92,000.

SPDR Bloomberg Convertible Securities ETF Price Performance

CWB stock opened at $77.55 on Tuesday. SPDR Bloomberg Convertible Securities ETF has a 52 week low of $69.45 and a 52 week high of $82.24. The company’s 50-day moving average price is $79.74 and its 200 day moving average price is $76.26.

SPDR Bloomberg Convertible Securities ETF Profile

SPDR Barclays Convertible Securities ETF, formerly SPDR Barclays Capital Convertible Securities ETF, seeks to provide investment results that, before fees and expenses, correspond generally to the price and yield performance of an index that tracks United States convertible securities. In seeking to track the performance of the Barclays Capital U.S.