Kestra Advisory Services LLC Sells 245,872 Shares of JPMorgan Core Plus Bond ETF $JCPB

Kestra Advisory Services LLC lessened its stake in JPMorgan Core Plus Bond ETF (BATS:JCPB) by 31.6% in the 1st quarter, HoldingsChannel reports. The institutional investor owned 532,813 shares of the company’s stock after selling 245,872 shares during the quarter. Kestra Advisory Services LLC’s holdings in JPMorgan Core Plus Bond ETF were worth $25,085,000 as of its most recent SEC filing.

Several other institutional investors also recently modified their holdings of the company. Money Concepts Capital Corp lifted its holdings in JPMorgan Core Plus Bond ETF by 104.1% during the 1st quarter. Money Concepts Capital Corp now owns 152,155 shares of the company’s stock valued at $7,163,000 after purchasing an additional 77,614 shares during the last quarter. Base Wealth Management LLC grew its position in JPMorgan Core Plus Bond ETF by 28.5% during the first quarter. Base Wealth Management LLC now owns 152,342 shares of the company’s stock worth $7,172,000 after buying an additional 33,801 shares in the last quarter. WealthPLAN Partners LLC increased its position in shares of JPMorgan Core Plus Bond ETF by 249.0% in the first quarter. WealthPLAN Partners LLC now owns 50,583 shares of the company’s stock worth $2,381,000 after purchasing an additional 36,091 shares during the period. Bogart Wealth LLC increased its holdings in JPMorgan Core Plus Bond ETF by 4.0% in the 1st quarter. Bogart Wealth LLC now owns 1,570,632 shares of the company’s stock valued at $73,945,000 after buying an additional 59,750 shares during the period. Finally, Ascentis Independent Advisors acquired a new position in JPMorgan Core Plus Bond ETF during the first quarter valued at approximately $1,361,000.

JPMorgan Core Plus Bond ETF Price Performance

Shares of JCPB stock traded down $0.01 on Friday, hitting $46.52. 1,535,021 shares of the company’s stock were exchanged, compared to its average volume of 1,832,292. The stock has a market cap of $6.83 billion, a P/E ratio of 60.35 and a beta of 0.24. JPMorgan Core Plus Bond ETF has a 12 month low of $46.21 and a 12 month high of $48.17. The company has a 50 day moving average of $46.76 and a 200 day moving average of $47.18.

JPMorgan Core Plus Bond ETF 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.