Econ Financial Services Corp Invests $2.19 Million in JPMorgan International Bond Opportunities ETF $JPIB

Econ Financial Services Corp purchased a new stake in shares of JPMorgan International Bond Opportunities ETF (BATS:JPIB) in the 4th quarter, HoldingsChannel reports. The institutional investor purchased 44,872 shares of the company’s stock, valued at approximately $2,185,000.

Other large investors have also made changes to their positions in the company. Avantax Planning Partners Inc. raised its position in JPMorgan International Bond Opportunities ETF by 72.8% during the third quarter. Avantax Planning Partners Inc. now owns 2,251,106 shares of the company’s stock valued at $110,372,000 after acquiring an additional 948,714 shares in the last quarter. Rice Partnership LLC bought a new stake in JPMorgan International Bond Opportunities ETF in the third quarter worth approximately $64,376,000. FSM Wealth Advisors LLC grew its position in JPMorgan International Bond Opportunities ETF by 12.6% in the third quarter. FSM Wealth Advisors LLC now owns 754,092 shares of the company’s stock worth $36,973,000 after acquiring an additional 84,496 shares in the last quarter. Bank of America Corp DE increased its stake in shares of JPMorgan International Bond Opportunities ETF by 24.1% during the 2nd quarter. Bank of America Corp DE now owns 616,260 shares of the company’s stock worth $29,963,000 after purchasing an additional 119,627 shares during the last quarter. Finally, Jane Street Group LLC increased its stake in shares of JPMorgan International Bond Opportunities ETF by 1,315.4% during the 2nd quarter. Jane Street Group LLC now owns 526,367 shares of the company’s stock worth $25,592,000 after purchasing an additional 489,178 shares during the last quarter.

JPMorgan International Bond Opportunities ETF Trading Up 0.8%

JPIB stock opened at $47.82 on Wednesday. The firm has a market cap of $889.45 million, a PE ratio of 4.86 and a beta of 0.24. JPMorgan International Bond Opportunities ETF has a 1 year low of $46.54 and a 1 year high of $49.42. The company has a fifty day simple moving average of $48.69 and a 200 day simple moving average of $48.85.

JPMorgan International Bond Opportunities ETF Cuts Dividend

The business also recently declared a monthly dividend, which was paid on Wednesday, March 4th. Stockholders of record on Monday, March 2nd were paid a dividend of $0.1914 per share. This represents a c) annualized dividend and a dividend yield of 4.8%. The ex-dividend date was Monday, March 2nd.

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.