JPMorgan Core Plus Bond ETF (NYSEARCA:JCPB) Reaches New 52-Week Low – Here’s Why

JPMorgan Core Plus Bond ETF (NYSEARCA:JCPB) reached a new 52-week low on Tuesday . The stock traded as low as $45.88 and last traded at $45.92, with a volume of 54661 shares. The stock had previously closed at $46.17.

JPMorgan Core Plus Bond ETF Price Performance

The business’s fifty day moving average price is $46.39 and its 200 day moving average price is $46.84. The stock has a market cap of $13.88 billion, a P/E ratio of 60.35 and a beta of 0.26.

Institutional Investors Weigh In On JPMorgan Core Plus Bond ETF

A number of hedge funds and other institutional investors have recently bought and sold shares of the company. Imprint Wealth LLC acquired a new position in JPMorgan Core Plus Bond ETF during the third quarter worth $30,000. SHP Wealth Management bought a new position in JPMorgan Core Plus Bond ETF in the 4th quarter valued at about $31,000. Root Financial Partners LLC boosted its stake in JPMorgan Core Plus Bond ETF by 486.3% during the 4th quarter. Root Financial Partners LLC now owns 727 shares of the company’s stock valued at $34,000 after purchasing an additional 603 shares during the last quarter. Torren Management LLC bought a new stake in JPMorgan Core Plus Bond ETF during the 1st quarter worth approximately $37,000. Finally, Creative Financial Designs Inc. ADV increased its holdings in JPMorgan Core Plus Bond ETF by 47.9% during the 4th quarter. Creative Financial Designs Inc. ADV now owns 1,034 shares of the company’s stock worth $49,000 after purchasing an additional 335 shares in the last quarter.

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.