Peak Financial Management Inc. Buys 13,089 Shares of JPMorgan International Bond Opportunities ETF $JPIB

Peak Financial Management Inc. boosted its stake in JPMorgan International Bond Opportunities ETF (NYSEARCA:JPIB) by 3.7% during the 3rd quarter, HoldingsChannel reports. The fund owned 370,686 shares of the company’s stock after buying an additional 13,089 shares during the period. JPMorgan International Bond Opportunities ETF comprises 3.9% of Peak Financial Management Inc.’s portfolio, making the stock its 5th largest position. Peak Financial Management Inc.’s holdings in JPMorgan International Bond Opportunities ETF were worth $17,311,000 at the end of the most recent quarter.

A number of other large investors have also recently added to or reduced their stakes in the stock. White & Co Financial Planning Inc increased its position in shares of JPMorgan International Bond Opportunities ETF by 8.9% in the 3rd quarter. White & Co Financial Planning Inc now owns 84,834 shares of the company’s stock worth $4,057,000 after purchasing an additional 6,933 shares during the last quarter. Halbert Hargrove Global Advisors LLC acquired a new stake in shares of JPMorgan International Bond Opportunities ETF in the 3rd quarter valued at about $6,235,000. NFSG Corp acquired a new stake in shares of JPMorgan International Bond Opportunities ETF in the 3rd quarter valued at about $49,000. Elmwood Wealth Management Inc. raised its stake in shares of JPMorgan International Bond Opportunities ETF by 2.6% in the 3rd quarter. Elmwood Wealth Management Inc. now owns 113,950 shares of the company’s stock valued at $5,321,000 after purchasing an additional 2,928 shares in the last quarter. Finally, Thurston Springer Miller Herd & Titak Inc. bought a new position in shares of JPMorgan International Bond Opportunities ETF during the third quarter worth about $32,000.

JPMorgan International Bond Opportunities ETF Stock Performance

Shares of JPIB stock traded up $0.05 during trading hours on Friday, hitting $46.94. 479,121 shares of the company were exchanged, compared to its average volume of 267,509. The stock has a market capitalization of $2.28 billion, a price-to-earnings ratio of 4.86 and a beta of 0.25. JPMorgan International Bond Opportunities ETF has a one year low of $46.38 and a one year high of $49.42. The business’s 50-day simple moving average is $47.30 and its two-hundred day simple moving average is $47.79.

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.