Econ Financial Services Corp Buys 74,237 Shares of JPMorgan International Bond Opportunities ETF $JPIB

Econ Financial Services Corp boosted its stake in shares of JPMorgan International Bond Opportunities ETF (BATS:JPIB) by 165.4% during the first quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 119,109 shares of the company’s stock after acquiring an additional 74,237 shares during the quarter. JPMorgan International Bond Opportunities ETF makes up approximately 2.6% of Econ Financial Services Corp’s holdings, making the stock its 7th biggest holding. Econ Financial Services Corp’s holdings in JPMorgan International Bond Opportunities ETF were worth $5,696,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in the stock. LPL Financial LLC raised its stake in shares of JPMorgan International Bond Opportunities ETF by 74.3% in the fourth quarter. LPL Financial LLC now owns 1,425,590 shares of the company’s stock worth $69,426,000 after acquiring an additional 607,775 shares during the last quarter. HighTower Advisors LLC grew its stake in shares of JPMorgan International Bond Opportunities ETF by 174.3% during the fourth quarter. HighTower Advisors LLC now owns 866,906 shares of the company’s stock valued at $42,218,000 after purchasing an additional 550,828 shares during the last quarter. Jane Street Group LLC increased its holdings in shares of JPMorgan International Bond Opportunities ETF by 1,315.4% in the second quarter. Jane Street Group LLC now owns 526,367 shares of the company’s stock valued at $25,592,000 after purchasing an additional 489,178 shares in the last quarter. Midwest Financial Partners Investments Inc. acquired a new stake in shares of JPMorgan International Bond Opportunities ETF in the fourth quarter valued at approximately $20,798,000. Finally, Apella Capital LLC increased its holdings in shares of JPMorgan International Bond Opportunities ETF by 193.3% in the first quarter. Apella Capital LLC now owns 411,563 shares of the company’s stock valued at $19,965,000 after purchasing an additional 271,225 shares in the last quarter.

JPMorgan International Bond Opportunities ETF Price Performance

JPIB stock opened at $48.38 on Friday. The company has a 50 day moving average price of $48.11 and a 200 day moving average price of $48.47. JPMorgan International Bond Opportunities ETF has a fifty-two week low of $47.35 and a fifty-two week high of $49.42. The stock has a market capitalization of $899.87 million, a PE ratio of 4.86 and a beta of 0.24.

JPMorgan International Bond Opportunities ETF Profile

The JPMorgan International Bond Opportunities ETF (JPIB) is an exchange-traded fund that is based on the Bloomberg U.S. Universal Bond index. The fund provides total return through the active management of a broad based, broad maturity bond portfolio reaching sectors in both developed and emerging markets around the world outside of the US. JPIB was launched on Apr 3, 2017 and is managed by JPMorgan Chase.