XY Planning Network Inc. Acquires New Stake in JPMorgan Core Plus Bond ETF $JCPB

XY Planning Network Inc. bought 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 filing with the Securities and Exchange Commission. The institutional investor bought 43,034 shares of the company’s stock, valued at approximately $1,927,000.

A number of other hedge funds and other institutional investors have also recently made changes to their positions in JCPB. HB Wealth Management LLC raised its position in shares of JPMorgan Core Plus Bond ETF by 16.5% in the 1st 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. Legacy Wealth Management LLC boosted its position 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 purchasing an additional 190,026 shares in the last quarter. Janney Montgomery Scott LLC boosted its position in shares of JPMorgan Core Plus Bond ETF by 27.5% during the first 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. Valeo Financial Advisors LLC purchased a new stake in JPMorgan Core Plus Bond ETF in the third quarter worth $140,086,000. Finally, Envestnet Asset Management Inc. grew its stake in JPMorgan Core Plus Bond ETF by 10.0% in the second quarter. Envestnet Asset Management Inc. now owns 2,877,606 shares of the company’s stock worth $135,075,000 after purchasing an additional 262,780 shares during the period.

JPMorgan Core Plus Bond ETF Stock Up 0.1%

Shares of JCPB stock opened at $44.81 on Wednesday. The business’s fifty day moving average is $45.63 and its 200 day moving average is $46.37. The stock has a market cap of $15.62 billion, a price-to-earnings ratio of 60.35 and a beta of 0.26. JPMorgan Core Plus Bond ETF has a twelve month low of $44.40 and a twelve month high of $48.17.

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.