HighTower Advisors LLC Sells 100,416 Shares of JPMorgan Core Plus Bond ETF $JCPB

HighTower Advisors LLC lowered its holdings in JPMorgan Core Plus Bond ETF (BATS:JCPB) by 3.3% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 2,964,524 shares of the company’s stock after selling 100,416 shares during the period. HighTower Advisors LLC owned about 2.02% of JPMorgan Core Plus Bond ETF worth $140,370,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds have also added to or reduced their stakes in the business. Sierra Ocean LLC grew its position in JPMorgan Core Plus Bond ETF by 3.5% in the fourth quarter. Sierra Ocean LLC now owns 240,127 shares of the company’s stock valued at $11,370,000 after purchasing an additional 8,122 shares in the last quarter. Blume Capital Management Inc. grew its position in JPMorgan Core Plus Bond ETF by 328.2% in the fourth quarter. Blume Capital Management Inc. now owns 218,576 shares of the company’s stock valued at $10,350,000 after purchasing an additional 167,526 shares in the last quarter. Sequent Planning LLC grew its stake in JPMorgan Core Plus Bond ETF by 147.9% in the fourth quarter. Sequent Planning LLC now owns 22,883 shares of the company’s stock valued at $1,084,000 after purchasing an additional 13,654 shares in the last quarter. Aegis Wealth Management Inc. bought a new position in JPMorgan Core Plus Bond ETF in the fourth quarter valued at approximately $391,000. Finally, Arbor Trust Wealth Advisors LLC grew its stake in JPMorgan Core Plus Bond ETF by 3.0% in the fourth quarter. Arbor Trust Wealth Advisors LLC now owns 239,028 shares of the company’s stock valued at $11,363,000 after purchasing an additional 6,995 shares in the last quarter.

JPMorgan Core Plus Bond ETF Stock Down 0.3%

JCPB stock opened at $46.28 on Wednesday. The business has a 50 day moving average price of $47.02 and a two-hundred day moving average price of $47.38. The company has a market cap of $6.80 billion, a price-to-earnings ratio of 60.35 and a beta of 0.24. JPMorgan Core Plus Bond ETF has a twelve month low of $45.85 and a twelve month 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.