Riggs Capital Management LLC Acquires Shares of 41,501 JPMorgan Short Duration Core Plus ETF (NYSEARCA:JSCP)

Riggs Capital Management LLC acquired a new position in JPMorgan Short Duration Core Plus ETF (NYSEARCA:JSCP) during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor acquired 41,501 shares of the company’s stock, valued at approximately $1,935,000. JPMorgan Short Duration Core Plus ETF accounts for 1.9% of Riggs Capital Management LLC’s portfolio, making the stock its 14th biggest holding. Riggs Capital Management LLC owned 0.46% of JPMorgan Short Duration Core Plus ETF as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently made changes to their positions in JSCP. PNC Financial Services Group Inc. grew its position in JPMorgan Short Duration Core Plus ETF by 227.3% during the 4th quarter. PNC Financial Services Group Inc. now owns 1,964 shares of the company’s stock worth $92,000 after purchasing an additional 1,364 shares during the period. Wilmington Savings Fund Society FSB acquired a new stake in JPMorgan Short Duration Core Plus ETF during the third quarter worth about $155,000. AIFG Consultants Ltd. purchased a new position in JPMorgan Short Duration Core Plus ETF during the fourth quarter valued at approximately $213,000. Gradient Capital Advisors LLC purchased a new position in JPMorgan Short Duration Core Plus ETF during the fourth quarter valued at approximately $219,000. Finally, Captrust Financial Advisors acquired a new position in JPMorgan Short Duration Core Plus ETF in the third quarter valued at approximately $224,000.

JPMorgan Short Duration Core Plus ETF Price Performance

Shares of NYSEARCA JSCP opened at $47.18 on Monday. The stock has a market capitalization of $629.85 million, a price-to-earnings ratio of 8.15 and a beta of 0.14. The firm’s 50 day simple moving average is $46.95 and its 200-day simple moving average is $46.94. JPMorgan Short Duration Core Plus ETF has a 12 month low of $45.76 and a 12 month high of $47.64.

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.