JPMorgan Core Plus Bond ETF (NYSEARCA:JCPB) Reaches New 12-Month Low – Here’s Why

by · The Cerbat Gem

JPMorgan Core Plus Bond ETF (NYSEARCA:JCPB – Get Free Report) reached a new 52-week low during trading on Wednesday . The company traded as low as $45.37 and last traded at $45.3450, with a volume of 192086 shares trading hands. The stock had previously closed at $45.60.

JPMorgan Core Plus Bond ETF Price Performance

The stock has a market cap of $14.68 billion, a P/E ratio of 60.35 and a beta of 0.26. The company has a fifty day moving average of $46.09 and a 200 day moving average of $46.62.

Institutional Trading of JPMorgan Core Plus Bond ETF

Several institutional investors have recently modified their holdings of the company. HB Wealth Management LLC raised its position in JPMorgan Core Plus Bond ETF by 16.5% in the first quarter. HB Wealth Management LLC now owns 14,422,179 shares of the company’s stock worth $676,223,000 after acquiring an additional 2,042,169 shares in the last quarter. Legacy Wealth Management LLC boosted its position in shares of JPMorgan Core Plus Bond ETF by 4.9% during the 2nd quarter. Legacy Wealth Management LLC now owns 4,057,660 shares of the company’s stock valued at $190,467,000 after purchasing an additional 190,026 shares in the last quarter. Dynasty Wealth Management LLC acquired a new position in shares of JPMorgan Core Plus Bond ETF in the 4th quarter worth approximately $176,371,000. Mariner LLC raised its holdings in shares of JPMorgan Core Plus Bond ETF by 23.6% in the 4th quarter. Mariner LLC now owns 3,632,956 shares of the company’s stock worth $172,020,000 after purchasing an additional 694,145 shares in the last quarter. Finally, Janney Montgomery Scott LLC raised its holdings 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 in the last quarter.

JPMorgan Core Plus Bond ETF Company Profile

(Get Free Report)

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.

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