903,821 Shares of JPMorgan Core Plus Bond ETF $JCPB Purchased by Joseph Group Capital Management

Joseph Group Capital Management acquired a new position in shares of JPMorgan Core Plus Bond ETF (NYSEARCA:JCPB) during the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor acquired 903,821 shares of the company’s stock, valued at approximately $40,473,000. JPMorgan Core Plus Bond ETF comprises about 7.2% of Joseph Group Capital Management’s portfolio, making the stock its 2nd biggest position. Joseph Group Capital Management owned approximately 0.24% of JPMorgan Core Plus Bond ETF as of its most recent SEC filing.

A number of other hedge funds have also recently added to or reduced their stakes in the stock. Factory Mutual Insurance Co. acquired a new stake in shares of JPMorgan Core Plus Bond ETF in the third quarter valued at approximately $357,493,000. Annex Advisory Services LLC acquired a new position in shares of JPMorgan Core Plus Bond ETF during the third quarter valued at $224,263,000. Legacy Wealth Management LLC lifted its stake in shares of JPMorgan Core Plus Bond ETF by 4.9% during the second quarter. Legacy Wealth Management LLC now owns 4,057,660 shares of the company’s stock valued at $190,467,000 after acquiring an additional 190,026 shares during the period. Valeo Financial Advisors LLC acquired a new position in shares of JPMorgan Core Plus Bond ETF during the third quarter valued at $140,086,000. Finally, Summit Financial Strategies Inc. bought a new position in JPMorgan Core Plus Bond ETF in the third quarter valued at about $135,774,000.

JPMorgan Core Plus Bond ETF Stock Up 0.1%

JPMorgan Core Plus Bond ETF stock opened at $45.64 on Tuesday. The business’s 50-day simple moving average is $45.29 and its 200 day simple moving average is $46.52. The stock has a market cap of $17.59 billion, a price-to-earnings ratio of 60.35 and a beta of 0.26. JPMorgan Core Plus Bond ETF has a 12-month low of $44.40 and a 12-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.