Verus Capital Partners LLC Has $27.90 Million Stake in JPMorgan Core Plus Bond ETF $JCPB

Verus Capital Partners LLC raised its stake in shares of JPMorgan Core Plus Bond ETF (BATS:JCPB) by 10.5% in the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 592,576 shares of the company’s stock after buying an additional 56,209 shares during the quarter. JPMorgan Core Plus Bond ETF comprises about 1.9% of Verus Capital Partners LLC’s investment portfolio, making the stock its 10th biggest holding. Verus Capital Partners LLC owned about 0.40% of JPMorgan Core Plus Bond ETF worth $27,898,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds have also added to or reduced their stakes in the company. Qube Research & Technologies Ltd bought a new position in shares of JPMorgan Core Plus Bond ETF during the second quarter valued at $298,000. Betterment LLC boosted its stake in JPMorgan Core Plus Bond ETF by 37.6% in the 2nd quarter. Betterment LLC now owns 84,519 shares of the company’s stock worth $3,977,000 after purchasing an additional 23,086 shares in the last quarter. Jane Street Group LLC boosted its stake in JPMorgan Core Plus Bond ETF by 267.1% in the 2nd quarter. Jane Street Group LLC now owns 505,139 shares of the company’s stock worth $23,772,000 after purchasing an additional 367,551 shares in the last quarter. EP Wealth Advisors LLC grew its position in JPMorgan Core Plus Bond ETF by 836.1% during the 2nd quarter. EP Wealth Advisors LLC now owns 43,156 shares of the company’s stock valued at $2,031,000 after purchasing an additional 38,546 shares during the last quarter. Finally, MML Investors Services LLC grew its position in JPMorgan Core Plus Bond ETF by 73.0% during the 2nd quarter. MML Investors Services LLC now owns 229,056 shares of the company’s stock valued at $10,779,000 after purchasing an additional 96,657 shares during the last quarter.

JPMorgan Core Plus Bond ETF Stock Performance

BATS:JCPB opened at $46.18 on Friday. The firm has a market cap of $6.78 billion, a P/E ratio of 60.35 and a beta of 0.24. JPMorgan Core Plus Bond ETF has a fifty-two week low of $46.10 and a fifty-two week high of $48.17. The firm has a 50-day simple moving average of $46.65 and a two-hundred day simple moving average of $47.05.

About JPMorgan Core Plus Bond ETF

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.