JPMorgan Core Plus Bond ETF (BATS:JCPB) Reaches New 12-Month Low – Here’s Why

JPMorgan Core Plus Bond ETF (BATS:JCPBGet Free Report)’s stock price reached a new 52-week low during mid-day trading on Tuesday . The stock traded as low as $45.88 and last traded at $45.92, with a volume of 54661 shares traded. The stock had previously closed at $46.17.

JPMorgan Core Plus Bond ETF Stock Down 0.5%

The business’s 50 day moving average is $46.43 and its two-hundred day moving average is $46.87. The firm has a market capitalization of $6.75 billion, a P/E ratio of 60.35 and a beta of 0.24.

Institutional Inflows and Outflows

A number of hedge funds have recently made changes to their positions in JCPB. Imprint Wealth LLC acquired a new stake in JPMorgan Core Plus Bond ETF in the third quarter worth approximately $30,000. SHP Wealth Management bought a new stake in shares of JPMorgan Core Plus Bond ETF in the 4th quarter worth $31,000. Root Financial Partners LLC lifted its holdings in shares of JPMorgan Core Plus Bond ETF by 486.3% in the fourth quarter. Root Financial Partners LLC now owns 727 shares of the company’s stock valued at $34,000 after buying an additional 603 shares during the period. Oak Harbor Wealth Partners LLC acquired a new stake in shares of JPMorgan Core Plus Bond ETF in the fourth quarter valued at $36,000. Finally, Torren Management LLC purchased a new stake in shares of JPMorgan Core Plus Bond ETF during the first quarter worth $37,000.

About JPMorgan Core Plus Bond ETF

(Get Free Report)

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.

Further Reading

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