Shore Point Advisors LLC purchased a new position in JPMorgan Core Plus Bond ETF (NYSEARCA:JCPB – Free Report) during the 3rd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund purchased 555,556 shares of the company’s stock, valued at approximately $24,878,000. JPMorgan Core Plus Bond ETF makes up about 6.4% of Shore Point Advisors LLC’s portfolio, making the stock its 5th biggest holding. Shore Point Advisors LLC owned approximately 0.16% of JPMorgan Core Plus Bond ETF as of its most recent filing with the Securities & Exchange Commission.
Several other institutional investors have also modified their holdings of JCPB. HB Wealth Management LLC raised its stake in shares of JPMorgan Core Plus Bond ETF by 16.5% in the 1st quarter. HB Wealth Management LLC now owns 14,422,179 shares of the company’s stock valued at $676,223,000 after purchasing an additional 2,042,169 shares in the last quarter. Legacy Wealth Management LLC increased its holdings in JPMorgan Core Plus Bond ETF by 4.9% in the second quarter. Legacy Wealth Management LLC now owns 4,057,660 shares of the company’s stock valued at $190,467,000 after buying an additional 190,026 shares during the last quarter. Janney Montgomery Scott LLC boosted its holdings in JPMorgan Core Plus Bond ETF by 27.5% in the first quarter. Janney Montgomery Scott LLC now owns 3,568,823 shares of the company’s stock worth $168,020,000 after purchasing an additional 769,266 shares during the period. Valeo Financial Advisors LLC acquired a new position in JPMorgan Core Plus Bond ETF in the third quarter worth $140,086,000. Finally, Envestnet Asset Management Inc. increased its stake in JPMorgan Core Plus Bond ETF by 10.0% during the second quarter. Envestnet Asset Management Inc. now owns 2,877,606 shares of the company’s stock valued at $135,075,000 after purchasing an additional 262,780 shares during the last quarter.
JPMorgan Core Plus Bond ETF Stock Up 0.0%
Shares of NYSEARCA:JCPB traded up $0.01 during trading on Wednesday, hitting $44.83. 1,267,482 shares of the company traded hands, compared to its average volume of 2,054,469. The stock has a market capitalization of $15.62 billion, a price-to-earnings ratio of 60.35 and a beta of 0.26. The business’s fifty day moving average is $45.63 and its 200-day moving average is $46.37. JPMorgan Core Plus Bond ETF has a one year low of $44.40 and a one year high of $48.17.
About JPMorgan Core Plus Bond ETF
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.
See Also
- Five stocks we like better than JPMorgan Core Plus Bond ETF
- PBF Energy’s Stunning Rally Faces a Critical Test
- Citi Stock Falls Despite Earnings Beat: What Investors Need to Know
- How a Hurricane Could Help Some Refineries—and Hurt Others
- Intel Bets on Cheaper AI as Foundry Losses Mount
Want to see what other hedge funds are holding JCPB? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for JPMorgan Core Plus Bond ETF (NYSEARCA:JCPB – Free Report).
Receive News & Ratings for JPMorgan Core Plus Bond ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for JPMorgan Core Plus Bond ETF and related companies with MarketBeat.com's FREE daily email newsletter.
