Financially in Tune LLC Takes $9.46 Million Position in JPMorgan Core Plus Bond ETF $JCPB

Financially in Tune LLC acquired a new position in JPMorgan Core Plus Bond ETF (BATS:JCPB) during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor acquired 199,702 shares of the company’s stock, valued at approximately $9,456,000. JPMorgan Core Plus Bond ETF comprises 8.8% of Financially in Tune LLC’s portfolio, making the stock its 2nd biggest holding. Financially in Tune LLC owned 0.14% of JPMorgan Core Plus Bond ETF at the end of the most recent reporting period.

Other hedge funds have also recently made changes to their positions in the company. OpenArc Corporate Advisory LLC purchased a new stake in JPMorgan Core Plus Bond ETF in the fourth quarter valued at approximately $200,929,000. Dynasty Wealth Management LLC purchased a new position in shares of JPMorgan Core Plus Bond ETF during the fourth quarter worth $176,371,000. Factory Mutual Insurance Co. grew its stake in shares of JPMorgan Core Plus Bond ETF by 81.8% in the third quarter. Factory Mutual Insurance Co. now owns 5,846,314 shares of the company’s stock valued at $277,992,000 after buying an additional 2,630,014 shares in the last quarter. Morgan Stanley grew its stake in shares of JPMorgan Core Plus Bond ETF by 51.3% in the fourth quarter. Morgan Stanley now owns 6,423,061 shares of the company’s stock valued at $304,132,000 after buying an additional 2,177,142 shares in the last quarter. Finally, HB Wealth Management LLC raised its holdings in shares of JPMorgan Core Plus Bond ETF by 18.7% in the 4th quarter. HB Wealth Management LLC now owns 12,380,010 shares of the company’s stock valued at $586,193,000 after buying an additional 1,954,190 shares during the period.

JPMorgan Core Plus Bond ETF Trading Up 0.2%

JCPB opened at $46.87 on Friday. The stock’s 50-day moving average price is $46.88 and its 200 day moving average price is $47.25. JPMorgan Core Plus Bond ETF has a 12-month low of $46.21 and a 12-month high of $48.17. The firm has a market cap of $6.89 billion, a price-to-earnings 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.