Concurrent Investment Advisors LLC Purchases 20,900 Shares of JPMorgan Core Plus Bond ETF (BATS:JCPB)

Concurrent Investment Advisors LLC grew its position in shares of JPMorgan Core Plus Bond ETF (BATS:JCPB) by 24.1% during the 1st quarter, Holdings Channel.com reports. The institutional investor owned 107,712 shares of the company’s stock after buying an additional 20,900 shares during the quarter. Concurrent Investment Advisors LLC’s holdings in JPMorgan Core Plus Bond ETF were worth $5,067,000 at the end of the most recent reporting period.

Several other hedge funds have also modified their holdings of JCPB. Bank of America Corp DE raised its position in JPMorgan Core Plus Bond ETF by 7.3% in the 4th quarter. Bank of America Corp DE now owns 8,345,960 shares of the company’s stock worth $384,498,000 after purchasing an additional 568,425 shares during the last quarter. Legacy Wealth Management Inc boosted its position in JPMorgan Core Plus Bond ETF by 1.6% in the 1st quarter. Legacy Wealth Management Inc now owns 3,233,844 shares of the company’s stock valued at $152,120,000 after buying an additional 52,375 shares during the last quarter. Raymond James Financial Inc. bought a new position in JPMorgan Core Plus Bond ETF in the 4th quarter valued at $143,039,000. JPMorgan Chase & Co. boosted its position in JPMorgan Core Plus Bond ETF by 38.8% in the 4th quarter. JPMorgan Chase & Co. now owns 3,100,895 shares of the company’s stock valued at $142,858,000 after buying an additional 866,519 shares during the last quarter. Finally, Janney Montgomery Scott LLC boosted its position in JPMorgan Core Plus Bond ETF by 16.6% in the 1st quarter. Janney Montgomery Scott LLC now owns 2,247,634 shares of the company’s stock valued at $105,729,000 after buying an additional 319,205 shares during the last quarter.

JPMorgan Core Plus Bond ETF Stock Performance

Shares of JCPB opened at $46.68 on Friday. The firm has a market capitalization of $6.66 billion, a price-to-earnings ratio of 60.25 and a beta of 0.24. The business’s fifty day moving average price is $46.46 and its two-hundred day moving average price is $46.45. JPMorgan Core Plus Bond ETF has a 52 week low of $45.51 and a 52 week high of $48.54.

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.