JPMorgan Core Plus Bond ETF $JCPB is Hughes Financial Services LLC’s 2nd Largest Position

Hughes Financial Services LLC lessened its stake in JPMorgan Core Plus Bond ETF (BATS:JCPB) by 3.0% during the second quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 1,262,321 shares of the company’s stock after selling 39,310 shares during the quarter. JPMorgan Core Plus Bond ETF makes up approximately 10.2% of Hughes Financial Services LLC’s holdings, making the stock its 2nd biggest holding. Hughes Financial Services LLC owned about 0.86% of JPMorgan Core Plus Bond ETF worth $59,354,000 at the end of the most recent reporting period.

Several other institutional investors also recently made changes to their positions in the stock. Bank of New York Mellon Corp increased its stake in JPMorgan Core Plus Bond ETF by 343.4% during the 1st quarter. Bank of New York Mellon Corp now owns 28,823 shares of the company’s stock valued at $1,356,000 after buying an additional 22,322 shares during the period. Brown Advisory Inc. acquired a new stake in JPMorgan Core Plus Bond ETF during the first quarter valued at $720,000. Cerity Partners LLC increased its stake in shares of JPMorgan Core Plus Bond ETF by 10.1% during the 1st quarter. Cerity Partners LLC now owns 425,896 shares of the company’s stock worth $20,034,000 after purchasing an additional 38,987 shares during the last quarter. Fifth Third Securities Inc. bought a new stake in JPMorgan Core Plus Bond ETF during the first quarter worth approximately $710,000. Finally, CWM LLC grew its position in shares of JPMorgan Core Plus Bond ETF by 11.1% in the first quarter. CWM LLC now owns 52,986 shares of the company’s stock valued at $2,492,000 after purchasing an additional 5,314 shares during the last quarter.

JPMorgan Core Plus Bond ETF Trading Up 4.1%

Shares of JCPB stock opened at $47.48 on Monday. JPMorgan Core Plus Bond ETF has a 12 month low of $45.51 and a 12 month high of $48.54. The company has a market capitalization of $6.97 billion, a P/E ratio of 60.35 and a beta of 0.24. The stock has a 50 day moving average of $47.58 and a two-hundred day moving average of $46.97.

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.