JPMorgan Short Duration Core Plus ETF $JSCP Stock Position Boosted by JPMorgan Chase & Co.

JPMorgan Chase & Co. raised its stake in shares of JPMorgan Short Duration Core Plus ETF (NYSEARCA:JSCP) by 24.3% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 1,739,036 shares of the company’s stock after buying an additional 340,343 shares during the period. JPMorgan Chase & Co. owned approximately 8.76% of JPMorgan Short Duration Core Plus ETF worth $82,796,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Flow Traders U.S. LLC acquired a new position in shares of JPMorgan Short Duration Core Plus ETF during the second quarter valued at approximately $2,222,000. Barnes Pettey Financial Advisors LLC acquired a new stake in JPMorgan Short Duration Core Plus ETF in the second quarter worth approximately $551,000. Global Retirement Partners LLC acquired a new stake in JPMorgan Short Duration Core Plus ETF in the second quarter worth approximately $1,605,000. Apella Capital LLC bought a new position in JPMorgan Short Duration Core Plus ETF during the 3rd quarter valued at $21,448,000. Finally, Envestnet Asset Management Inc. boosted its stake in JPMorgan Short Duration Core Plus ETF by 18.8% during the 2nd quarter. Envestnet Asset Management Inc. now owns 16,644 shares of the company’s stock valued at $790,000 after purchasing an additional 2,633 shares in the last quarter.

JPMorgan Short Duration Core Plus ETF Stock Performance

Shares of JSCP stock opened at $47.31 on Thursday. JPMorgan Short Duration Core Plus ETF has a 1 year low of $46.42 and a 1 year high of $47.87. The business’s fifty day moving average is $47.60 and its 200-day moving average is $47.59. The stock has a market cap of $1.27 billion, a PE ratio of 8.12 and a beta of 0.13.

JPMorgan Short Duration Core Plus ETF Cuts Dividend

The firm also recently announced a monthly dividend, which was paid on Wednesday, March 4th. Investors of record on Monday, March 2nd were issued a $0.1703 dividend. This represents a c) dividend on an annualized basis and a dividend yield of 4.3%. The ex-dividend date was Monday, March 2nd.

About JPMorgan Short Duration Core Plus ETF

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.