JPMorgan Core Plus Bond ETF (NYSEARCA:JCPB – Get Free Report) was the target of a large increase in short interest in the month of September. As of September 15th, there was short interest totaling 798,761 shares, an increase of 499.4% from the August 31st total of 133,249 shares. Based on an average trading volume of 2,285,511 shares, the short-interest ratio is presently 0.3 days. Currently, 0.2% of the company’s shares are short sold.
JPMorgan Core Plus Bond ETF Trading Up 0.2%
Shares of JCPB stock opened at $45.05 on Friday. JPMorgan Core Plus Bond ETF has a twelve month low of $44.88 and a twelve month high of $48.17. The company’s 50-day moving average price is $46.00 and its 200-day moving average price is $46.58. The stock has a market cap of $14.82 billion, a price-to-earnings ratio of 60.35 and a beta of 0.26.
Hedge Funds Weigh In On JPMorgan Core Plus Bond ETF
Several institutional investors and hedge funds have recently bought and sold shares of JCPB. Dynasty Wealth Management LLC acquired a new stake in shares of JPMorgan Core Plus Bond ETF during the 4th quarter worth approximately $176,371,000. HB Wealth Management LLC lifted its holdings in 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 valued at $676,223,000 after acquiring an additional 2,042,169 shares during the last quarter. Janney Montgomery Scott LLC lifted its holdings in JPMorgan Core Plus Bond ETF by 27.5% in the first quarter. Janney Montgomery Scott LLC now owns 3,568,823 shares of the company’s stock valued at $168,020,000 after acquiring an additional 769,266 shares during the last quarter. First Washington CORP grew its position in JPMorgan Core Plus Bond ETF by 88.6% in the first quarter. First Washington CORP now owns 1,545,169 shares of the company’s stock worth $72,747,000 after acquiring an additional 725,754 shares during the period. Finally, Mariner LLC grew its position in JPMorgan Core Plus Bond ETF by 23.6% in the fourth quarter. Mariner LLC now owns 3,632,956 shares of the company’s stock worth $172,020,000 after acquiring an additional 694,145 shares during the period.
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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