Smallwood Wealth Investment Management LLC Has $1.66 Million Stock Position in JPMorgan Core Plus Bond ETF $JCPB

Smallwood Wealth Investment Management LLC increased its position in shares of JPMorgan Core Plus Bond ETF (BATS:JCPB) by 72.3% during the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 34,941 shares of the company’s stock after acquiring an additional 14,663 shares during the quarter. JPMorgan Core Plus Bond ETF comprises about 0.8% of Smallwood Wealth Investment Management LLC’s investment portfolio, making the stock its 23rd largest position. Smallwood Wealth Investment Management LLC’s holdings in JPMorgan Core Plus Bond ETF were worth $1,661,000 at the end of the most recent reporting period.

Other hedge funds have also added to or reduced their stakes in the company. Ancora Advisors LLC bought a new stake in JPMorgan Core Plus Bond ETF during the 1st quarter worth about $26,000. Parkworth Wealth Management Inc. acquired a new stake in shares of JPMorgan Core Plus Bond ETF during the 2nd quarter worth approximately $29,000. Total Investment Management Inc. acquired a new stake in shares of JPMorgan Core Plus Bond ETF during the 2nd quarter worth approximately $37,000. Elevation Point Wealth Partners LLC bought a new stake in shares of JPMorgan Core Plus Bond ETF during the second quarter worth approximately $57,000. Finally, Glass Jacobson Investment Advisors llc acquired a new position in JPMorgan Core Plus Bond ETF in the second quarter valued at approximately $102,000.

JPMorgan Core Plus Bond ETF Stock Performance

Shares of JCPB stock opened at $47.61 on Friday. The firm’s 50 day moving average price is $47.60 and its two-hundred day moving average price is $47.25. JPMorgan Core Plus Bond ETF has a 52-week low of $45.51 and a 52-week high of $48.54. The stock has a market cap of $6.99 billion, a PE ratio of 60.35 and a beta of 0.24.

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.