N.E.W. Advisory Services LLC Raises Position in JPMorgan Core Plus Bond ETF $JCPB

N.E.W. Advisory Services LLC raised its holdings in JPMorgan Core Plus Bond ETF (BATS:JCPB) by 487.6% in the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 259,871 shares of the company’s stock after acquiring an additional 215,645 shares during the quarter. JPMorgan Core Plus Bond ETF comprises approximately 0.9% of N.E.W. Advisory Services LLC’s investment portfolio, making the stock its 22nd largest holding. N.E.W. Advisory Services LLC’s holdings in JPMorgan Core Plus Bond ETF were worth $12,305,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the business. Semus Wealth Partners LLC boosted its position in JPMorgan Core Plus Bond ETF by 4.0% in the 3rd quarter. Semus Wealth Partners LLC now owns 5,876 shares of the company’s stock valued at $279,000 after buying an additional 226 shares during the period. Barnes Dennig Private Wealth Management LLC boosted its position in JPMorgan Core Plus Bond ETF by 9.2% in the 3rd quarter. Barnes Dennig Private Wealth Management LLC now owns 2,854 shares of the company’s stock valued at $136,000 after buying an additional 241 shares during the period. Silver Oak Securities Incorporated boosted its position in JPMorgan Core Plus Bond ETF by 2.6% in the 3rd quarter. Silver Oak Securities Incorporated now owns 9,715 shares of the company’s stock valued at $462,000 after buying an additional 244 shares during the period. Belpointe Asset Management LLC raised its holdings in shares of JPMorgan Core Plus Bond ETF by 0.7% in the 3rd quarter. Belpointe Asset Management LLC now owns 38,943 shares of the company’s stock valued at $1,852,000 after purchasing an additional 273 shares in the last quarter. Finally, Norden Group LLC raised its holdings in shares of JPMorgan Core Plus Bond ETF by 1.1% in the 3rd quarter. Norden Group LLC now owns 30,096 shares of the company’s stock valued at $1,431,000 after purchasing an additional 318 shares in the last quarter.

JPMorgan Core Plus Bond ETF Trading Down 0.1%

Shares of JCPB opened at $47.17 on Friday. JPMorgan Core Plus Bond ETF has a twelve month low of $45.85 and a twelve month high of $48.17. The firm’s fifty day simple moving average is $47.35 and its 200-day simple moving average is $47.48. The firm has a market capitalization of $6.93 billion, a price-to-earnings 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.