Magnus Financial Group LLC bought a new stake in shares of JPMorgan Core Plus Bond ETF (NYSEARCA:JCPB – Free Report) in the 3rd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm bought 587,909 shares of the company’s stock, valued at approximately $26,327,000. JPMorgan Core Plus Bond ETF makes up about 1.8% of Magnus Financial Group LLC’s portfolio, making the stock its 12th largest position. Magnus Financial Group LLC owned about 0.16% of JPMorgan Core Plus Bond ETF as of its most recent SEC filing.
A number of other hedge funds and other institutional investors have also modified their holdings of the business. HB Wealth Management LLC lifted its stake in shares of JPMorgan Core Plus Bond ETF by 16.5% in the first quarter. HB Wealth Management LLC now owns 14,422,179 shares of the company’s stock worth $676,223,000 after acquiring an additional 2,042,169 shares in the last quarter. Annex Advisory Services LLC purchased a new position in JPMorgan Core Plus Bond ETF in the third quarter valued at about $224,263,000. Legacy Wealth Management LLC grew its stake in JPMorgan Core Plus Bond ETF by 4.9% during the 2nd quarter. Legacy Wealth Management LLC now owns 4,057,660 shares of the company’s stock valued at $190,467,000 after purchasing an additional 190,026 shares in the last quarter. Janney Montgomery Scott LLC grew its stake in JPMorgan Core Plus Bond ETF by 27.5% during the 1st quarter. Janney Montgomery Scott LLC now owns 3,568,823 shares of the company’s stock valued at $168,020,000 after purchasing an additional 769,266 shares in the last quarter. Finally, Valeo Financial Advisors LLC acquired a new stake in JPMorgan Core Plus Bond ETF during the 3rd quarter valued at approximately $140,086,000.
JPMorgan Core Plus Bond ETF Stock Up 0.0%
Shares of JCPB opened at $45.07 on Thursday. The business’s 50 day moving average is $45.49 and its two-hundred day moving average is $46.29. JPMorgan Core Plus Bond ETF has a 52-week low of $44.40 and a 52-week high of $48.17. The firm has a market cap of $16.16 billion, a price-to-earnings ratio of 60.35 and a beta of 0.26.
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.
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