JPMorgan Core Plus Bond ETF (NYSEARCA:JCPB) Stock Breaks Below Fifty Day Moving Average – What’s Next?

JPMorgan Core Plus Bond ETF (NYSEARCA:JCPB – Get Free Report) passed below its 50-day moving average during trading on Wednesday. The stock has a 50-day moving average of $45.41 and traded as low as $45.30. JPMorgan Core Plus Bond ETF shares last traded at $45.35, with a volume of 2,964,515 shares traded.

JPMorgan Core Plus Bond ETF Stock Down 0.2%

The business has a 50-day moving average price of $45.41 and a 200-day moving average price of $46.59. The company has a market capitalization of $16.29 billion, a price-to-earnings ratio of 60.35 and a beta of 0.26.

Hedge Funds Weigh In On JPMorgan Core Plus Bond ETF

A number of institutional investors have recently bought and sold shares of the stock. Nolet Wealth Management LLC lifted its stake in JPMorgan Core Plus Bond ETF by 1.8% during the second quarter. Nolet Wealth Management LLC now owns 28,444 shares of the company’s stock valued at $1,335,000 after buying an additional 501 shares in the last quarter. First Citizens Financial Corp boosted its holdings in shares of JPMorgan Core Plus Bond ETF by 2.9% in the second quarter. First Citizens Financial Corp now owns 21,561 shares of the company’s stock worth $1,012,000 after buying an additional 600 shares during the period. Semus Wealth Partners LLC increased its position in shares of JPMorgan Core Plus Bond ETF by 10.9% in the first quarter. Semus Wealth Partners LLC now owns 6,535 shares of the company’s stock worth $308,000 after acquiring an additional 642 shares in the last quarter. RDA Financial Network increased its position in shares of JPMorgan Core Plus Bond ETF by 7.1% in the second quarter. RDA Financial Network now owns 10,061 shares of the company’s stock worth $472,000 after acquiring an additional 669 shares in the last quarter. Finally, Sterling Investment Advisors Ltd. increased its position in shares of JPMorgan Core Plus Bond ETF by 2.5% in the first quarter. Sterling Investment Advisors Ltd. now owns 27,695 shares of the company’s stock worth $1,304,000 after acquiring an additional 675 shares in the last quarter.

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.

Featured Articles

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.