Stephens Inc. AR Grows Position in JPMorgan Core Plus Bond ETF $JCPB

Stephens Inc. AR boosted its stake in JPMorgan Core Plus Bond ETF (BATS:JCPB) by 2.7% during the third quarter, HoldingsChannel reports. The firm owned 463,677 shares of the company’s stock after buying an additional 12,382 shares during the period. Stephens Inc. AR’s holdings in JPMorgan Core Plus Bond ETF were worth $22,048,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also bought and sold shares of JCPB. Parkworth Wealth Management Inc. purchased a new position in JPMorgan Core Plus Bond ETF in the second quarter worth $29,000. GoalVest Advisory LLC purchased a new stake in JPMorgan Core Plus Bond ETF during the third quarter valued at about $33,000. Total Investment Management Inc. purchased a new position in shares of JPMorgan Core Plus Bond ETF in the 2nd quarter worth about $37,000. Elevation Point Wealth Partners LLC purchased a new position in shares of JPMorgan Core Plus Bond ETF in the 2nd quarter worth about $57,000. Finally, Glass Jacobson Investment Advisors llc bought a new position in shares of JPMorgan Core Plus Bond ETF during the 2nd quarter valued at about $102,000.

JPMorgan Core Plus Bond ETF Trading Up 4.2%

Shares of BATS JCPB opened at $47.51 on Wednesday. The stock has a market cap of $6.98 billion, a price-to-earnings ratio of 60.35 and a beta of 0.24. The stock’s 50-day moving average is $47.52 and its 200 day moving average is $47.33. JPMorgan Core Plus Bond ETF has a 1-year low of $45.51 and a 1-year high of $48.54.

JPMorgan Core Plus Bond ETF Company 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.