JPMorgan Core Plus Bond ETF (BATS:JCPB) Sets New 1-Year Low – Should You Sell?

JPMorgan Core Plus Bond ETF (BATS:JCPB) reached a new 52-week low during mid-day trading on Thursday . The stock traded as low as $46.15 and last traded at $46.17, with a volume of 63873 shares changing hands. The stock had previously closed at $46.30.

JPMorgan Core Plus Bond ETF Stock Performance

The stock has a 50 day moving average of $46.69 and a 200-day moving average of $47.11. The company has a market cap of $6.78 billion, a PE ratio of 60.35 and a beta of 0.24.

Institutional Inflows and Outflows

Several institutional investors have recently modified their holdings of the company. Imprint Wealth LLC purchased a new stake in JPMorgan Core Plus Bond ETF in the third quarter valued at approximately $30,000. SHP Wealth Management acquired a new stake in JPMorgan Core Plus Bond ETF during the 4th quarter valued at approximately $31,000. Root Financial Partners LLC lifted its stake in JPMorgan Core Plus Bond ETF by 486.3% during the 4th quarter. Root Financial Partners LLC now owns 727 shares of the company’s stock valued at $34,000 after acquiring an additional 603 shares during the period. Fairway Wealth LLC acquired a new stake in JPMorgan Core Plus Bond ETF during the 4th quarter valued at approximately $35,000. Finally, Oak Harbor Wealth Partners LLC purchased a new stake in shares of JPMorgan Core Plus Bond ETF in the 4th quarter valued at $36,000.

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.