Valmark Advisers Inc. Makes New Investment in JPMorgan Core Plus Bond ETF $JCPB

Valmark Advisers Inc. purchased a new stake in JPMorgan Core Plus Bond ETF (BATS:JCPB) during the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm purchased 54,839 shares of the company’s stock, valued at approximately $2,582,000.

Other institutional investors also recently modified their holdings of the company. Fifth Third Bancorp raised its position in JPMorgan Core Plus Bond ETF by 6,315.4% in the 1st quarter. Fifth Third Bancorp now owns 14,627 shares of the company’s stock valued at $689,000 after buying an additional 14,399 shares during the last quarter. Summit Financial Strategies Inc. grew its stake in shares of JPMorgan Core Plus Bond ETF by 7.7% during the 1st quarter. Summit Financial Strategies Inc. now owns 2,639,364 shares of the company’s stock worth $124,261,000 after acquiring an additional 188,904 shares in the last quarter. 46 Peaks LLC grew its stake in shares of JPMorgan Core Plus Bond ETF by 2.2% during the 1st quarter. 46 Peaks LLC now owns 610,925 shares of the company’s stock worth $28,762,000 after acquiring an additional 13,010 shares in the last quarter. Financial Connections Group Inc. raised its holdings in shares of JPMorgan Core Plus Bond ETF by 3.8% in the first quarter. Financial Connections Group Inc. now owns 345,985 shares of the company’s stock valued at $16,288,000 after purchasing an additional 12,535 shares during the last quarter. Finally, Mascoma Wealth Management LLC raised its holdings in shares of JPMorgan Core Plus Bond ETF by 14.8% in the first quarter. Mascoma Wealth Management LLC now owns 561,371 shares of the company’s stock valued at $26,429,000 after purchasing an additional 72,416 shares during the last quarter.

JPMorgan Core Plus Bond ETF Price Performance

Shares of JCPB stock opened at $46.52 on Monday. JPMorgan Core Plus Bond ETF has a 12 month low of $46.21 and a 12 month high of $48.17. The company’s fifty day simple moving average is $46.76 and its 200-day simple moving average is $47.18. The firm has a market cap of $6.83 billion, a PE ratio of 60.35 and a beta of 0.24.

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.