Royal Bank of Canada Raises Stake in JPMorgan International Bond Opportunities ETF $JPIB

Royal Bank of Canada grew its stake in JPMorgan International Bond Opportunities ETF (BATS:JPIB) by 164.4% in the first quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 357,688 shares of the company’s stock after acquiring an additional 222,394 shares during the quarter. Royal Bank of Canada’s holdings in JPMorgan International Bond Opportunities ETF were worth $17,104,000 as of its most recent SEC filing.

Other institutional investors have also modified their holdings of the company. IFP Advisors Inc boosted its position in shares of JPMorgan International Bond Opportunities ETF by 1,328.6% during the 3rd quarter. IFP Advisors Inc now owns 500 shares of the company’s stock valued at $25,000 after acquiring an additional 465 shares during the last quarter. Legacy Wealth Managment LLC ID acquired a new stake in JPMorgan International Bond Opportunities ETF during the fourth quarter worth about $44,000. CWM LLC increased its position in JPMorgan International Bond Opportunities ETF by 730.5% during the fourth quarter. CWM LLC now owns 980 shares of the company’s stock worth $48,000 after purchasing an additional 862 shares during the last quarter. Elyxium Wealth LLC purchased a new position in JPMorgan International Bond Opportunities ETF during the fourth quarter worth about $49,000. Finally, WFA of San Diego LLC purchased a new position in JPMorgan International Bond Opportunities ETF during the second quarter worth about $74,000.

JPMorgan International Bond Opportunities ETF Price Performance

BATS:JPIB opened at $47.99 on Friday. The company’s 50-day moving average is $48.08 and its two-hundred day moving average is $48.30. JPMorgan International Bond Opportunities ETF has a 1-year low of $47.35 and a 1-year high of $49.42. The firm has a market capitalization of $892.61 million, a price-to-earnings 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.