Shares of JPMorgan Core Plus Bond ETF (NYSEARCA:JCPB – Get Free Report) reached a new 52-week low during trading on Wednesday . The stock traded as low as $45.77 and last traded at $45.7850, with a volume of 496400 shares. The stock had previously closed at $45.90.
JPMorgan Core Plus Bond ETF Trading Down 0.6%
The company’s fifty day moving average is $46.26 and its 200 day moving average is $46.76. The company has a market cap of $13.77 billion, a P/E ratio of 60.35 and a beta of 0.26.
Institutional Investors Weigh In On JPMorgan Core Plus Bond ETF
Hedge funds and other institutional investors have recently modified their holdings of the stock. OpenArc Corporate Advisory LLC purchased a new stake in JPMorgan Core Plus Bond ETF during the 4th quarter valued at $200,929,000. Dynasty Wealth Management LLC purchased a new stake in shares of JPMorgan Core Plus Bond ETF during the fourth quarter worth about $176,371,000. Morgan Stanley boosted its holdings in shares of JPMorgan Core Plus Bond ETF by 51.3% during the fourth quarter. Morgan Stanley now owns 6,423,061 shares of the company’s stock worth $304,132,000 after purchasing an additional 2,177,142 shares during the period. HB Wealth Management LLC grew its stake in shares of JPMorgan Core Plus Bond ETF by 16.5% in the first quarter. HB Wealth Management LLC now owns 14,422,179 shares of the company’s stock worth $676,223,000 after purchasing an additional 2,042,169 shares during the last quarter. Finally, Raymond James Financial Inc. increased its holdings in JPMorgan Core Plus Bond ETF by 21.9% during the 4th quarter. Raymond James Financial Inc. now owns 4,767,284 shares of the company’s stock valued at $225,731,000 after purchasing an additional 855,996 shares during the period.
JPMorgan Core Plus Bond ETF Company 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.
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