HB Wealth Management LLC Decreases Stake in JPMorgan Short Duration Core Plus ETF $JSCP

HB Wealth Management LLC cut its holdings in shares of JPMorgan Short Duration Core Plus ETF (NYSEARCA:JSCP) by 10.0% during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 752,086 shares of the company’s stock after selling 83,268 shares during the quarter. HB Wealth Management LLC’s holdings in JPMorgan Short Duration Core Plus ETF were worth $35,574,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently bought and sold shares of JSCP. EP Wealth Advisors LLC acquired a new position in shares of JPMorgan Short Duration Core Plus ETF during the 4th quarter worth approximately $101,684,000. JPMorgan Chase & Co. increased its holdings in shares of JPMorgan Short Duration Core Plus ETF by 24.3% in the third quarter. JPMorgan Chase & Co. now owns 1,739,036 shares of the company’s stock valued at $82,796,000 after purchasing an additional 340,343 shares during the last quarter. Integrated Wealth Concepts LLC acquired a new stake in shares of JPMorgan Short Duration Core Plus ETF in the third quarter valued at approximately $12,974,000. Focus Partners Wealth purchased a new position in JPMorgan Short Duration Core Plus ETF during the fourth quarter worth approximately $11,803,000. Finally, Allworth Financial LP purchased a new position in JPMorgan Short Duration Core Plus ETF during the fourth quarter worth approximately $11,092,000.

JPMorgan Short Duration Core Plus ETF Stock Performance

NYSEARCA JSCP opened at $46.99 on Friday. The stock’s fifty day moving average is $47.08 and its two-hundred day moving average is $47.36. The firm has a market capitalization of $1.61 billion, a P/E ratio of 8.12 and a beta of 0.12. JPMorgan Short Duration Core Plus ETF has a fifty-two week low of $46.87 and a fifty-two week high of $47.87.

JPMorgan Short Duration Core Plus ETF Company Profile

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.