PNC Financial Services Group Inc. Boosts Stake in JPMorgan Core Plus Bond ETF $JCPB

PNC Financial Services Group Inc. increased its position in JPMorgan Core Plus Bond ETF (BATS:JCPB) by 37.0% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 793,326 shares of the company’s stock after buying an additional 214,171 shares during the period. PNC Financial Services Group Inc. owned 0.54% of JPMorgan Core Plus Bond ETF worth $37,564,000 at the end of the most recent quarter.

A number of other hedge funds also recently made changes to their positions in JCPB. Qube Research & Technologies Ltd purchased a new stake in shares of JPMorgan Core Plus Bond ETF in the second quarter worth about $298,000. Betterment LLC raised its position in JPMorgan Core Plus Bond ETF by 37.6% during the second quarter. Betterment LLC now owns 84,519 shares of the company’s stock valued at $3,977,000 after purchasing an additional 23,086 shares during the period. Jane Street Group LLC raised its position in JPMorgan Core Plus Bond ETF by 267.1% during the second quarter. Jane Street Group LLC now owns 505,139 shares of the company’s stock valued at $23,772,000 after purchasing an additional 367,551 shares during the period. EP Wealth Advisors LLC raised its position in JPMorgan Core Plus Bond ETF by 836.1% during the second quarter. EP Wealth Advisors LLC now owns 43,156 shares of the company’s stock valued at $2,031,000 after purchasing an additional 38,546 shares during the period. Finally, MML Investors Services LLC raised its position in JPMorgan Core Plus Bond ETF by 73.0% during the second quarter. MML Investors Services LLC now owns 229,056 shares of the company’s stock valued at $10,779,000 after purchasing an additional 96,657 shares during the period.

JPMorgan Core Plus Bond ETF Price Performance

Shares of JCPB stock opened at $46.60 on Friday. JPMorgan Core Plus Bond ETF has a 1 year low of $45.85 and a 1 year high of $48.17. The stock’s 50 day simple moving average is $46.98 and its two-hundred day simple moving average is $47.36. The company has a market cap of $6.85 billion, a PE ratio of 60.35 and a beta of 0.24.

JPMorgan Core Plus Bond ETF Company 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.