Parallel Advisors LLC Acquires New Holdings in JPMorgan International Bond Opportunities ETF $JPIB

Parallel Advisors LLC acquired a new stake in JPMorgan International Bond Opportunities ETF (BATS:JPIB) during the first quarter, Holdings Channel.com reports. The firm acquired 883,008 shares of the company’s stock, valued at approximately $42,225,000. JPMorgan International Bond Opportunities ETF comprises approximately 0.8% of Parallel Advisors LLC’s portfolio, making the stock its 21st biggest holding.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in JPIB. IFP Advisors Inc boosted its position in JPMorgan International Bond Opportunities ETF by 1,328.6% during the third quarter. IFP Advisors Inc now owns 500 shares of the company’s stock worth $25,000 after purchasing an additional 465 shares during the period. Western Wealth Management LLC bought a new position in shares of JPMorgan International Bond Opportunities ETF in the first quarter valued at approximately $34,000. Legacy Wealth Managment LLC ID bought a new position in shares of JPMorgan International Bond Opportunities ETF in the fourth quarter valued at approximately $44,000. CWM LLC raised its position in shares of JPMorgan International Bond Opportunities ETF by 730.5% in the fourth quarter. CWM LLC now owns 980 shares of the company’s stock valued at $48,000 after purchasing an additional 862 shares during the period. Finally, Elyxium Wealth LLC acquired a new stake in shares of JPMorgan International Bond Opportunities ETF in the fourth quarter worth $49,000.

JPMorgan International Bond Opportunities ETF Trading Up 0.3%

BATS JPIB opened at $48.00 on Wednesday. The company has a fifty day simple moving average of $48.09 and a 200 day simple moving average of $48.31. The company has a market cap of $892.80 million, a P/E ratio of 4.86 and a beta of 0.24. JPMorgan International Bond Opportunities ETF has a 1 year low of $47.35 and a 1 year high of $49.42.

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.