Summit Financial Strategies Inc. Buys 188,904 Shares of JPMorgan Core Plus Bond ETF $JCPB

Summit Financial Strategies Inc. grew its stake in JPMorgan Core Plus Bond ETF (BATS:JCPB) by 7.7% in the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 2,639,364 shares of the company’s stock after buying an additional 188,904 shares during the period. JPMorgan Core Plus Bond ETF accounts for 9.8% of Summit Financial Strategies Inc.’s holdings, making the stock its 2nd biggest position. Summit Financial Strategies Inc. owned 1.80% of JPMorgan Core Plus Bond ETF worth $124,261,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds have also made changes to their positions in the company. Imprint Wealth LLC purchased a new position in JPMorgan Core Plus Bond ETF in the 3rd quarter worth $30,000. SHP Wealth Management purchased a new stake in JPMorgan Core Plus Bond ETF during the 4th quarter valued at about $31,000. Root Financial Partners LLC grew its stake in JPMorgan Core Plus Bond ETF by 486.3% during the 4th quarter. Root Financial Partners LLC now owns 727 shares of the company’s stock valued at $34,000 after purchasing an additional 603 shares during the last quarter. Fairway Wealth LLC purchased a new stake in JPMorgan Core Plus Bond ETF during the 4th quarter valued at about $35,000. Finally, Oak Harbor Wealth Partners LLC acquired a new position in shares of JPMorgan Core Plus Bond ETF in the fourth quarter valued at about $36,000.

JPMorgan Core Plus Bond ETF Stock Down 0.0%

Shares of BATS:JCPB traded down $0.01 during trading on Friday, hitting $46.52. The stock had a trading volume of 1,535,021 shares, compared to its average volume of 1,832,292. JPMorgan Core Plus Bond ETF has a 12-month low of $46.21 and a 12-month high of $48.17. The stock has a market capitalization of $6.83 billion, a price-to-earnings ratio of 60.35 and a beta of 0.24. The stock has a 50-day simple moving average of $46.76 and a two-hundred day simple moving average of $47.18.

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.