AIFG Consultants Ltd. Boosts Stake in JPMorgan Short Duration Core Plus ETF $JSCP

AIFG Consultants Ltd. grew its stake in JPMorgan Short Duration Core Plus ETF (NYSEARCA:JSCP) by 65.2% in the second quarter, HoldingsChannel reports. The institutional investor owned 16,897 shares of the company’s stock after buying an additional 6,668 shares during the period. JPMorgan Short Duration Core Plus ETF makes up 1.6% of AIFG Consultants Ltd.’s investment portfolio, making the stock its 17th largest position. AIFG Consultants Ltd.’s holdings in JPMorgan Short Duration Core Plus ETF were worth $802,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Wealth Enhancement Advisory Services LLC raised its holdings in shares of JPMorgan Short Duration Core Plus ETF by 6.5% in the first quarter. Wealth Enhancement Advisory Services LLC now owns 1,917,581 shares of the company’s stock worth $90,529,000 after buying an additional 116,400 shares during the last quarter. PNC Financial Services Group Inc. raised its holdings in shares of JPMorgan Short Duration Core Plus ETF by 119.4% in the first quarter. PNC Financial Services Group Inc. now owns 4,309 shares of the company’s stock worth $203,000 after buying an additional 2,345 shares during the last quarter. Envestnet Asset Management Inc. raised its holdings in shares of JPMorgan Short Duration Core Plus ETF by 197.9% in the first quarter. Envestnet Asset Management Inc. now owns 14,011 shares of the company’s stock worth $661,000 after buying an additional 9,307 shares during the last quarter. MidAtlantic Capital Management Inc. raised its holdings in shares of JPMorgan Short Duration Core Plus ETF by 2.2% during the first quarter. MidAtlantic Capital Management Inc. now owns 15,099 shares of the company’s stock worth $713,000 after purchasing an additional 321 shares during the last quarter. Finally, Frederick Financial Consultants LLC purchased a new position in shares of JPMorgan Short Duration Core Plus ETF during the first quarter worth $990,000.

JPMorgan Short Duration Core Plus ETF Price Performance

Shares of JPMorgan Short Duration Core Plus ETF stock opened at $47.49 on Friday. The firm has a fifty day moving average price of $47.50 and a 200 day moving average price of $47.20. JPMorgan Short Duration Core Plus ETF has a 1 year low of $46.35 and a 1 year high of $47.79. The stock has a market cap of $882.36 million, a PE ratio of 8.12 and a beta of 0.13.

JPMorgan Short Duration Core Plus ETF Company Profile

The JPMorgan Short Duration Core Plus ETF (JSCP) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund is an actively managed fund that invests in a portfolio of global fixed income securities of varying credit quality, and aims for a duration of three years or less. JSCP was launched on Mar 1, 2021 and is managed by JPMorgan Chase.