MN Wealth Advisors LLC Acquires New Stake in JPMorgan Core Plus Bond ETF $JCPB

MN Wealth Advisors LLC acquired a new stake in JPMorgan Core Plus Bond ETF (NYSEARCA:JCPB) during the 3rd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor acquired 170,228 shares of the company’s stock, valued at approximately $7,623,000. JPMorgan Core Plus Bond ETF comprises 3.1% of MN Wealth Advisors LLC’s investment portfolio, making the stock its 8th largest position.

Other institutional investors and hedge funds have also bought and sold shares of the company. HB Wealth Management LLC raised its stake in shares of JPMorgan Core Plus Bond ETF by 16.5% in the first quarter. HB Wealth Management LLC now owns 14,422,179 shares of the company’s stock valued at $676,223,000 after buying an additional 2,042,169 shares during the period. Annex Advisory Services LLC purchased a new position in shares of JPMorgan Core Plus Bond ETF during the 3rd quarter valued at $224,263,000. Legacy Wealth Management LLC grew its stake in shares of JPMorgan Core Plus Bond ETF by 4.9% during the 2nd quarter. Legacy Wealth Management LLC now owns 4,057,660 shares of the company’s stock worth $190,467,000 after acquiring an additional 190,026 shares during the period. Janney Montgomery Scott LLC grew its stake in shares of JPMorgan Core Plus Bond ETF by 27.5% during the 1st quarter. Janney Montgomery Scott LLC now owns 3,568,823 shares of the company’s stock worth $168,020,000 after acquiring an additional 769,266 shares during the period. Finally, Valeo Financial Advisors LLC bought a new position in shares of JPMorgan Core Plus Bond ETF during the 3rd quarter worth $140,086,000.

JPMorgan Core Plus Bond ETF Stock Performance

Shares of JCPB opened at $45.33 on Friday. The business has a 50-day moving average of $45.45 and a 200 day moving average of $46.27. JPMorgan Core Plus Bond ETF has a fifty-two week low of $44.40 and a fifty-two week high of $48.17. The firm has a market cap of $16.27 billion, a P/E ratio of 60.35 and a beta of 0.26.

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.