Global Retirement Partners LLC Makes New $1.61 Million Investment in JPMorgan Short Duration Core Plus ETF $JSCP

Global Retirement Partners LLC bought a new stake in JPMorgan Short Duration Core Plus ETF (NYSEARCA:JSCP) during the second quarter, Holdings Channel reports. The institutional investor bought 33,836 shares of the company’s stock, valued at approximately $1,605,000.

A number of other hedge funds have also made changes to their positions in the stock. Beam Wealth Advisors Inc. grew its position in JPMorgan Short Duration Core Plus ETF by 0.9% during the second quarter. Beam Wealth Advisors Inc. now owns 29,895 shares of the company’s stock valued at $1,418,000 after purchasing an additional 278 shares in the last quarter. USAdvisors Wealth Management LLC boosted its stake in shares of JPMorgan Short Duration Core Plus ETF by 8.7% during the 2nd quarter. USAdvisors Wealth Management LLC now owns 10,079 shares of the company’s stock valued at $478,000 after buying an additional 806 shares during the period. PNC Financial Services Group Inc. grew its holdings in shares of JPMorgan Short Duration Core Plus ETF by 19.4% during the 2nd quarter. PNC Financial Services Group Inc. now owns 5,147 shares of the company’s stock valued at $244,000 after acquiring an additional 838 shares in the last quarter. CGN Advisors LLC increased its stake in shares of JPMorgan Short Duration Core Plus ETF by 20.0% in the second quarter. CGN Advisors LLC now owns 5,528 shares of the company’s stock worth $262,000 after acquiring an additional 922 shares during the last quarter. Finally, Southeast Asset Advisors LLC increased its stake in shares of JPMorgan Short Duration Core Plus ETF by 10.2% in the first quarter. Southeast Asset Advisors LLC now owns 19,293 shares of the company’s stock worth $911,000 after acquiring an additional 1,780 shares during the last quarter.

JPMorgan Short Duration Core Plus ETF Stock Performance

JSCP opened at $47.71 on Thursday. The stock has a fifty day moving average price of $47.58 and a 200 day moving average price of $47.36. JPMorgan Short Duration Core Plus ETF has a 1 year low of $46.35 and a 1 year high of $47.79. The stock has a market cap of $947.04 million, a price-to-earnings ratio of 8.12 and a beta of 0.13.

JPMorgan Short Duration Core Plus ETF Company Profile

The JPMorgan Short Duration Core Plus ETF (JSCP) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund is an actively managed fund that invests in a portfolio of global fixed income securities of varying credit quality, and aims for a duration of three years or less. JSCP was launched on Mar 1, 2021 and is managed by JPMorgan Chase.