Precedent Wealth Partners LLC Makes New $5 Million Investment in JPMorgan Core Plus Bond ETF $JCPB

Precedent Wealth Partners LLC purchased a new position in shares of JPMorgan Core Plus Bond ETF (NYSEARCA:JCPB – Free Report) during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The firm purchased 111,550 shares of the company’s stock, valued at approximately $4,995,000.

Several other hedge funds and other institutional investors have also recently bought and sold shares of JCPB. Pinnacle Bancorp Inc. purchased a new stake in JPMorgan Core Plus Bond ETF in the third quarter valued at $96,000. Clarity Wealth Advisors LLC acquired a new position in JPMorgan Core Plus Bond ETF in the third quarter valued at $11,966,000. Magnus Financial Group LLC purchased a new position in shares of JPMorgan Core Plus Bond ETF during the third quarter worth about $26,327,000. Catalyst Investment Management LLC purchased a new position in shares of JPMorgan Core Plus Bond ETF during the third quarter worth about $1,917,000. Finally, Axxcess Wealth Management LLC purchased a new position in shares of JPMorgan Core Plus Bond ETF during the third quarter worth about $2,010,000.

JPMorgan Core Plus Bond ETF Stock Performance

JCPB opened at $45.42 on Friday. The business’s 50-day simple moving average is $45.47 and its 200-day simple moving average is $46.28. JPMorgan Core Plus Bond ETF has a one year low of $44.40 and a one year high of $48.17. The stock has a market capitalization of $16.29 billion, a P/E ratio of 60.35 and a beta of 0.26.

JPMorgan Core Plus Bond ETF Profile

(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.

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Institutional Ownership by Quarter for JPMorgan Core Plus Bond ETF (NYSEARCA:JCPB)

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