Detalus Advisors LLC Buys New Shares in JPMorgan Core Plus Bond ETF $JCPB

Detalus Advisors LLC purchased a new stake in shares of JPMorgan Core Plus Bond ETF (BATS:JCPB) during the first quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm purchased 11,690 shares of the company’s stock, valued at approximately $550,000.

Several other hedge funds have also recently added to or reduced their stakes in JCPB. OpenArc Corporate Advisory LLC purchased a new position in shares of JPMorgan Core Plus Bond ETF in the 4th quarter worth about $200,929,000. Dynasty Wealth Management LLC purchased a new position in shares of JPMorgan Core Plus Bond ETF during the 4th quarter valued at about $176,371,000. Morgan Stanley raised its holdings in shares of JPMorgan Core Plus Bond ETF by 51.3% during the 4th quarter. Morgan Stanley now owns 6,423,061 shares of the company’s stock valued at $304,132,000 after buying an additional 2,177,142 shares in the last quarter. HB Wealth Management LLC lifted its position in JPMorgan Core Plus Bond ETF by 18.7% in the 4th quarter. HB Wealth Management LLC now owns 12,380,010 shares of the company’s stock worth $586,193,000 after buying an additional 1,954,190 shares during the last quarter. Finally, Wealth Enhancement Advisory Services LLC lifted its position in JPMorgan Core Plus Bond ETF by 618.7% in the 4th quarter. Wealth Enhancement Advisory Services LLC now owns 2,137,936 shares of the company’s stock worth $101,381,000 after buying an additional 1,840,452 shares during the last quarter.

JPMorgan Core Plus Bond ETF Price Performance

Shares of JCPB opened at $47.10 on Monday. JPMorgan Core Plus Bond ETF has a 1 year low of $46.21 and a 1 year high of $48.17. The stock has a 50 day simple moving average of $46.85 and a two-hundred day simple moving average of $47.23. The firm has a market cap of $6.92 billion, a P/E ratio of 60.35 and a beta of 0.24.

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.