Sound Income Strategies LLC Buys 503,522 Shares of JPMorgan USD Emerging Markets Sovereign Bond ETF $JPMB

Sound Income Strategies LLC bought a new stake in shares of JPMorgan USD Emerging Markets Sovereign Bond ETF (NYSEARCA:JPMB) in the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund bought 503,522 shares of the company’s stock, valued at approximately $19,125,000. Sound Income Strategies LLC owned 20.14% of JPMorgan USD Emerging Markets Sovereign Bond ETF at the end of the most recent quarter.

Other hedge funds have also recently made changes to their positions in the company. Bank of America Corp DE lifted its holdings in JPMorgan USD Emerging Markets Sovereign Bond ETF by 7.6% during the 1st quarter. Bank of America Corp DE now owns 204,841 shares of the company’s stock valued at $8,041,000 after buying an additional 14,448 shares in the last quarter. ARQ Wealth Advisors LLC grew its stake in JPMorgan USD Emerging Markets Sovereign Bond ETF by 9.4% in the 1st quarter. ARQ Wealth Advisors LLC now owns 85,807 shares of the company’s stock worth $3,368,000 after acquiring an additional 7,351 shares in the last quarter. Hsbc Holdings PLC grew its stake in JPMorgan USD Emerging Markets Sovereign Bond ETF by 34.9% in the 1st quarter. Hsbc Holdings PLC now owns 37,255 shares of the company’s stock worth $1,462,000 after acquiring an additional 9,630 shares in the last quarter. Forthright Family Wealth Advisory LLC increased its position in shares of JPMorgan USD Emerging Markets Sovereign Bond ETF by 7.3% during the fourth quarter. Forthright Family Wealth Advisory LLC now owns 28,906 shares of the company’s stock worth $1,167,000 after acquiring an additional 1,973 shares during the period. Finally, Farther Finance Advisors LLC increased its position in shares of JPMorgan USD Emerging Markets Sovereign Bond ETF by 42.1% during the third 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 during the period.

JPMorgan USD Emerging Markets Sovereign Bond ETF Stock Performance

Shares of JPMorgan USD Emerging Markets Sovereign Bond ETF stock traded up $0.06 on Friday, hitting $38.04. 12,208 shares of the company traded hands, compared to its average volume of 15,752. The stock’s 50 day moving average price is $39.16 and its 200-day moving average price is $39.63. JPMorgan USD Emerging Markets Sovereign Bond ETF has a 52 week low of $37.53 and a 52 week high of $40.90.

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.