Floyd Financial Group LLC Buys 5,828 Shares of JPMorgan Core Plus Bond ETF $JCPB

Floyd Financial Group LLC lifted its stake in shares of JPMorgan Core Plus Bond ETF (BATS:JCPB) by 3.2% in the second quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 188,040 shares of the company’s stock after purchasing an additional 5,828 shares during the period. JPMorgan Core Plus Bond ETF comprises 8.1% of Floyd Financial Group LLC’s investment portfolio, making the stock its 2nd biggest position. Floyd Financial Group LLC owned about 0.13% of JPMorgan Core Plus Bond ETF worth $8,776,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of JCPB. Ancora Advisors LLC acquired a new stake in JPMorgan Core Plus Bond ETF in the 1st quarter worth about $26,000. Mascagni Wealth Management Inc. purchased a new position in shares of JPMorgan Core Plus Bond ETF in the fourth quarter valued at approximately $57,000. Pinnacle Bancorp Inc. boosted its stake in shares of JPMorgan Core Plus Bond ETF by 80.3% in the first quarter. Pinnacle Bancorp Inc. now owns 2,173 shares of the company’s stock worth $102,000 after acquiring an additional 968 shares during the last quarter. CX Institutional purchased a new stake in shares of JPMorgan Core Plus Bond ETF during the first quarter worth approximately $109,000. Finally, Beacon Financial Advisory LLC purchased a new stake in shares of JPMorgan Core Plus Bond ETF during the first quarter worth approximately $203,000.

JPMorgan Core Plus Bond ETF Stock Performance

Shares of JCPB stock opened at $47.52 on Thursday. JPMorgan Core Plus Bond ETF has a fifty-two week low of $45.51 and a fifty-two week high of $48.54. The stock’s fifty day moving average is $47.13 and its two-hundred day moving average is $46.73. The firm has a market capitalization of $6.98 billion, a P/E ratio of 60.35 and a beta of 0.24.

JPMorgan Core Plus Bond ETF Profile

The JPMorgan Core Plus Bond ETF (JCPB) is an exchange-traded fund that is based on the Bloomberg Global Aggregate Bond index. The fund is an actively-managed ETF consisting of a broad array of fixed income securities. JCPB was launched on Jan 28, 2019 and is managed by JPMorgan Chase.