JPMorgan USD Emerging Markets Sovereign Bond ETF (NYSEARCA:JPMB) Stock Price Passes Below Two Hundred Day Moving Average – Should You Sell?

JPMorgan USD Emerging Markets Sovereign Bond ETF (NYSEARCA:JPMB)’s share price passed below its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of $39.42 and traded as low as $39.29. JPMorgan USD Emerging Markets Sovereign Bond ETF shares last traded at $39.38, with a volume of 8,492 shares trading hands.

JPMorgan USD Emerging Markets Sovereign Bond ETF Trading Up 0.2 %

The firm’s 50-day moving average price is $39.65 and its two-hundred day moving average price is $39.42.

Institutional Trading of JPMorgan USD Emerging Markets Sovereign Bond ETF

Several institutional investors have recently made changes to their positions in the business. Envestnet Asset Management Inc. lifted its holdings in JPMorgan USD Emerging Markets Sovereign Bond ETF by 2.9% during the 2nd quarter. Envestnet Asset Management Inc. now owns 650,139 shares of the company’s stock valued at $25,141,000 after purchasing an additional 18,128 shares during the last quarter. RiverFront Investment Group LLC lifted its holdings in JPMorgan USD Emerging Markets Sovereign Bond ETF by 12.4% during the 2nd quarter. RiverFront Investment Group LLC now owns 483,741 shares of the company’s stock valued at $18,707,000 after purchasing an additional 53,272 shares during the last quarter. Raymond James & Associates lifted its holdings in JPMorgan USD Emerging Markets Sovereign Bond ETF by 83.1% during the 3rd quarter. Raymond James & Associates now owns 393,207 shares of the company’s stock valued at $15,973,000 after purchasing an additional 178,507 shares during the last quarter. Jane Street Group LLC bought a new position in JPMorgan USD Emerging Markets Sovereign Bond ETF during the 1st quarter valued at about $7,419,000. Finally, Janney Montgomery Scott LLC lifted its holdings in JPMorgan USD Emerging Markets Sovereign Bond ETF by 84.9% during the 3rd quarter. Janney Montgomery Scott LLC now owns 121,235 shares of the company’s stock valued at $4,925,000 after purchasing an additional 55,672 shares during the last quarter.

About JPMorgan USD Emerging Markets Sovereign Bond ETF

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.