West Michigan Advisors LLC Boosts Holdings in JPMorgan Core Plus Bond ETF (BATS:JCPB)

West Michigan Advisors LLC lifted its stake in shares of JPMorgan Core Plus Bond ETF (BATS:JCPB) by 4.1% during the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 79,731 shares of the company’s stock after acquiring an additional 3,175 shares during the period. JPMorgan Core Plus Bond ETF accounts for about 1.2% of West Michigan Advisors LLC’s investment portfolio, making the stock its 19th largest position. West Michigan Advisors LLC owned 0.06% of JPMorgan Core Plus Bond ETF worth $3,751,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds have also modified their holdings of JCPB. LPL Financial LLC increased its position in JPMorgan Core Plus Bond ETF by 0.3% during the fourth quarter. LPL Financial LLC now owns 135,487 shares of the company’s stock worth $6,242,000 after purchasing an additional 375 shares during the last quarter. Wells Fargo & Company MN grew its stake in shares of JPMorgan Core Plus Bond ETF by 25,307.5% during the 4th quarter. Wells Fargo & Company MN now owns 1,793,770 shares of the company’s stock valued at $82,639,000 after buying an additional 1,786,710 shares during the period. Envestnet Asset Management Inc. increased its holdings in shares of JPMorgan Core Plus Bond ETF by 51.7% during the 4th quarter. Envestnet Asset Management Inc. now owns 1,049,605 shares of the company’s stock worth $48,355,000 after buying an additional 357,499 shares during the last quarter. Cerity Partners LLC acquired a new stake in shares of JPMorgan Core Plus Bond ETF during the 4th quarter worth $17,851,000. Finally, Cooper Haims Advisors LLC raised its position in shares of JPMorgan Core Plus Bond ETF by 19.8% in the 4th quarter. Cooper Haims Advisors LLC now owns 254,575 shares of the company’s stock worth $11,728,000 after buying an additional 42,134 shares during the period.

JPMorgan Core Plus Bond ETF Trading Up 3.2%

JCPB stock opened at $47.05 on Tuesday. The company has a market cap of $6.91 billion, a PE ratio of 60.35 and a beta of 0.24. The stock has a 50-day moving average price of $46.59 and a two-hundred day moving average price of $46.54. JPMorgan Core Plus Bond ETF has a 12-month low of $45.51 and a 12-month high of $48.54.

JPMorgan Core Plus Bond ETF 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.