JPMorgan Core Plus Bond ETF (BATS:JCPB) Hits New 1-Year Low – Here’s Why

JPMorgan Core Plus Bond ETF (BATS:JCPB) shares reached a new 52-week low during mid-day trading on Friday . The company traded as low as $46.12 and last traded at $46.15, with a volume of 209591 shares traded. The stock had previously closed at $46.29.

JPMorgan Core Plus Bond ETF Stock Down 0.3%

The stock has a market cap of $6.78 billion, a PE ratio of 60.35 and a beta of 0.24. The firm has a 50 day moving average price of $46.66 and a 200 day moving average price of $47.06.

Institutional Investors Weigh In On JPMorgan Core Plus Bond ETF

Several hedge funds have recently modified their holdings of the business. Imprint Wealth LLC bought a new position in JPMorgan Core Plus Bond ETF in the third quarter worth approximately $30,000. SHP Wealth Management bought a new stake in JPMorgan Core Plus Bond ETF during the 4th quarter valued at $31,000. Root Financial Partners LLC raised its position in shares of JPMorgan Core Plus Bond ETF by 486.3% in the 4th quarter. Root Financial Partners LLC now owns 727 shares of the company’s stock worth $34,000 after acquiring an additional 603 shares in the last quarter. Fairway Wealth LLC purchased a new stake in shares of JPMorgan Core Plus Bond ETF during the 4th quarter worth $35,000. Finally, Oak Harbor Wealth Partners LLC purchased a new stake in shares of JPMorgan Core Plus Bond ETF during the 4th quarter worth $36,000.

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.