JPMorgan Core Plus Bond ETF (NYSEARCA:JCPB) Sees Large Volume Increase – Time to Buy?

JPMorgan Core Plus Bond ETF (NYSEARCA:JCPB) shares saw unusually-strong trading volume on Friday. Approximately 19,175,605 shares changed hands during mid-day trading, an increase of 821% from the previous session’s volume of 2,083,114 shares. The stock last traded at $45.3350 and had previously closed at $45.42.

JPMorgan Core Plus Bond ETF Trading Down 0.1%

The business has a 50-day moving average of $45.47 and a two-hundred day moving average of $46.28. The firm has a market cap of $16.27 billion, a P/E ratio of 60.35 and a beta of 0.26.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently modified their holdings of JCPB. James J. Burns & Company LLC purchased a new stake in shares of JPMorgan Core Plus Bond ETF in the 3rd quarter valued at about $4,982,000. Legacy Wealth Management LLC purchased a new position in JPMorgan Core Plus Bond ETF during the 3rd quarter valued at about $175,467,000. MBL Wealth LLC bought a new position in shares of JPMorgan Core Plus Bond ETF during the third quarter valued at approximately $11,035,000. Lake Street Private Wealth LLC bought a new position in JPMorgan Core Plus Bond ETF in the 3rd quarter worth $689,000. Finally, Five Oceans Advisors bought a new stake in JPMorgan Core Plus Bond ETF during the 3rd quarter valued at approximately $1,181,000.

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.