Shore Point Advisors LLC Purchases 555,556 Shares of JPMorgan Core Plus Bond ETF $JCPB

Shore Point Advisors LLC bought a new position in shares of JPMorgan Core Plus Bond ETF (NYSEARCA:JCPB) during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund bought 555,556 shares of the company’s stock, valued at approximately $24,878,000. JPMorgan Core Plus Bond ETF accounts for approximately 6.4% of Shore Point Advisors LLC’s portfolio, making the stock its 5th largest holding.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Valeo Financial Advisors LLC acquired a new stake in JPMorgan Core Plus Bond ETF in the 3rd quarter valued at about $140,086,000. HB Wealth Management LLC boosted its position in shares of JPMorgan Core Plus Bond ETF by 16.5% during the 1st quarter. HB Wealth Management LLC now owns 14,422,179 shares of the company’s stock valued at $676,223,000 after purchasing an additional 2,042,169 shares in the last quarter. Avidian Wealth Enterprises LLC acquired a new position in shares of JPMorgan Core Plus Bond ETF in the 3rd quarter worth approximately $37,042,000. Apella Capital LLC acquired a new position in shares of JPMorgan Core Plus Bond ETF in the 3rd quarter worth approximately $34,620,000. Finally, Janney Montgomery Scott LLC grew its stake in shares of JPMorgan Core Plus Bond ETF by 27.5% in the 1st quarter. Janney Montgomery Scott LLC now owns 3,568,823 shares of the company’s stock worth $168,020,000 after purchasing an additional 769,266 shares during the last quarter.

JPMorgan Core Plus Bond ETF Trading Up 0.0%

JCPB stock traded up $0.01 on Wednesday, hitting $44.83. 1,267,482 shares of the company’s stock traded hands, compared to its average volume of 2,054,469. The stock has a market cap of $15.62 billion, a price-to-earnings ratio of 60.35 and a beta of 0.26. JPMorgan Core Plus Bond ETF has a 1-year low of $44.40 and a 1-year high of $48.17. The stock has a fifty day moving average of $45.63 and a 200-day moving average of $46.37.

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.