Peak Financial Management Inc. Increases Stake in JPMorgan International Bond Opportunities ETF $JPIB

Peak Financial Management Inc. grew its stake in JPMorgan International Bond Opportunities ETF (BATS:JPIB) by 10.2% in the 1st quarter, Holdings Channel reports. The institutional investor owned 344,083 shares of the company’s stock after buying an additional 31,968 shares during the quarter. JPMorgan International Bond Opportunities ETF accounts for 4.2% of Peak Financial Management Inc.’s holdings, making the stock its 5th biggest position. Peak Financial Management Inc.’s holdings in JPMorgan International Bond Opportunities ETF were worth $16,454,000 at the end of the most recent quarter.

Several other large investors also recently made changes to their positions in JPIB. Jane Street Group LLC acquired a new position in JPMorgan International Bond Opportunities ETF in the 1st quarter worth $1,781,000. JPMorgan Chase & Co. raised its stake in shares of JPMorgan International Bond Opportunities ETF by 78.1% in the 2nd quarter. JPMorgan Chase & Co. now owns 5,601 shares of the company’s stock valued at $272,000 after purchasing an additional 2,456 shares during the period. Betterment LLC bought a new stake in shares of JPMorgan International Bond Opportunities ETF in the second quarter valued at about $235,000. Raymond James Financial Inc. lifted its holdings in shares of JPMorgan International Bond Opportunities ETF by 26.5% in the second quarter. Raymond James Financial Inc. now owns 443,234 shares of the company’s stock valued at $21,550,000 after purchasing an additional 92,948 shares in the last quarter. Finally, Bank of America Corp DE boosted its position in shares of JPMorgan International Bond Opportunities ETF by 24.1% during the second quarter. Bank of America Corp DE now owns 616,260 shares of the company’s stock worth $29,963,000 after buying an additional 119,627 shares during the period.

JPMorgan International Bond Opportunities ETF Stock Performance

BATS:JPIB opened at $48.27 on Friday. The company has a market cap of $897.82 million, a PE ratio of 4.86 and a beta of 0.24. JPMorgan International Bond Opportunities ETF has a 52-week low of $47.35 and a 52-week high of $49.42. The stock has a 50-day simple moving average of $48.10 and a 200 day simple moving average of $48.46.

JPMorgan International Bond Opportunities ETF Company 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.