D.B. Root & Company LLC Purchases 119,753 Shares of JPMorgan Core Plus Bond ETF $JCPB

D.B. Root & Company LLC lifted its position in JPMorgan Core Plus Bond ETF (BATS:JCPB) by 8.6% during the 4th quarter, Holdings Channel.com reports. The fund owned 1,510,092 shares of the company’s stock after acquiring an additional 119,753 shares during the period. JPMorgan Core Plus Bond ETF accounts for 17.4% of D.B. Root & Company LLC’s investment portfolio, making the stock its biggest holding. D.B. Root & Company LLC’s holdings in JPMorgan Core Plus Bond ETF were worth $71,503,000 at the end of the most recent reporting period.

Several other hedge funds have also recently made changes to their positions in the company. Imprint Wealth LLC acquired a new stake in JPMorgan Core Plus Bond ETF during the 3rd quarter worth about $30,000. Fairway Wealth LLC acquired a new stake in JPMorgan Core Plus Bond ETF during the 4th quarter worth about $35,000. Oak Harbor Wealth Partners LLC acquired a new stake in JPMorgan Core Plus Bond ETF during the 4th quarter worth about $36,000. GGM Financials LLC acquired a new stake in JPMorgan Core Plus Bond ETF during the 3rd quarter worth about $58,000. Finally, Cullen Frost Bankers Inc. acquired a new stake in JPMorgan Core Plus Bond ETF during the 3rd quarter worth about $99,000.

JPMorgan Core Plus Bond ETF Stock Performance

Shares of JCPB opened at $47.00 on Thursday. The business’s 50-day moving average is $47.23 and its two-hundred day moving average is $47.45. The company has a market capitalization of $6.90 billion, a P/E ratio of 60.35 and a beta of 0.24. JPMorgan Core Plus Bond ETF has a fifty-two week low of $45.85 and a fifty-two week high of $48.17.

About JPMorgan Core Plus Bond ETF

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.