Ellis Investment Partners LLC Makes New $18.55 Million Investment in JPMorgan Core Plus Bond ETF $JCPB

Ellis Investment Partners LLC bought a new stake in shares of JPMorgan Core Plus Bond ETF (NYSEARCA:JCPB) during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund bought 414,169 shares of the company’s stock, valued at approximately $18,547,000. JPMorgan Core Plus Bond ETF comprises approximately 2.8% of Ellis Investment Partners LLC’s investment portfolio, making the stock its 8th biggest holding. Ellis Investment Partners LLC owned 0.12% of JPMorgan Core Plus Bond ETF at the end of the most recent quarter.

A number of other hedge funds have also bought and sold shares of JCPB. Stonehearth Capital Management LLC lifted its stake in shares of JPMorgan Core Plus Bond ETF by 4.6% during the 1st quarter. Stonehearth Capital Management LLC now owns 7,576 shares of the company’s stock worth $357,000 after acquiring an additional 331 shares during the last quarter. Nolet Wealth Management LLC raised its stake in shares of JPMorgan Core Plus Bond ETF by 1.8% during the second quarter. Nolet Wealth Management LLC now owns 28,444 shares of the company’s stock valued at $1,335,000 after acquiring an additional 501 shares in the last quarter. First Citizens Financial Corp grew its stake in JPMorgan Core Plus Bond ETF by 2.9% in the second quarter. First Citizens Financial Corp now owns 21,561 shares of the company’s stock worth $1,012,000 after purchasing an additional 600 shares in the last quarter. Semus Wealth Partners LLC raised its position in JPMorgan Core Plus Bond ETF by 10.9% during the 1st quarter. Semus Wealth Partners LLC now owns 6,535 shares of the company’s stock valued at $308,000 after purchasing an additional 642 shares in the last quarter. Finally, SHP Wealth Management bought a new stake in shares of JPMorgan Core Plus Bond ETF in the fourth quarter valued at about $31,000.

JPMorgan Core Plus Bond ETF Stock Up 0.1%

JCPB stock traded up $0.03 during trading on Wednesday, hitting $45.08. 1,867,848 shares of the company’s stock traded hands, compared to its average volume of 2,071,235. The firm has a market capitalization of $16.17 billion, a P/E ratio of 60.35 and a beta of 0.26. The business has a fifty day simple moving average of $45.51 and a two-hundred day simple moving average of $46.30. JPMorgan Core Plus Bond ETF has a 1 year low of $44.40 and a 1 year high of $48.17.

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.