Prime Capital Investment Advisors LLC Makes New $661,000 Investment in JPMorgan Core Plus Bond ETF $JCPB

Prime Capital Investment Advisors LLC acquired a new stake in JPMorgan Core Plus Bond ETF (NYSEARCA:JCPB) in the 3rd quarter, Holdings Channel reports. The firm acquired 14,758 shares of the company’s stock, valued at approximately $661,000.

Other hedge funds have also recently added to or reduced their stakes in the company. Annex Advisory Services LLC acquired a new stake in JPMorgan Core Plus Bond ETF in the third quarter valued at $224,263,000. Valeo Financial Advisors LLC acquired a new stake in JPMorgan Core Plus Bond ETF in the third quarter valued at about $140,086,000. Summit Financial Strategies Inc. acquired a new stake in shares of JPMorgan Core Plus Bond ETF in the 3rd quarter valued at approximately $135,774,000. First Pacific Financial purchased a new stake in shares of JPMorgan Core Plus Bond ETF in the third quarter valued at approximately $94,826,000. Finally, HB Wealth Management LLC grew its holdings in JPMorgan Core Plus Bond ETF by 16.5% during the first 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 during the period.

JPMorgan Core Plus Bond ETF Stock Down 0.2%

NYSEARCA:JCPB opened at $45.33 on Friday. The firm’s fifty day simple moving average is $45.45 and its 200-day simple moving average is $46.27. The stock has a market cap of $16.26 billion, a PE ratio of 60.35 and a beta of 0.26. JPMorgan Core Plus Bond ETF has a fifty-two week low of $44.40 and a fifty-two week high of $48.17.

JPMorgan Core Plus Bond ETF 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.