United Advisor Group LLC Purchases New Stake in JPMorgan Core Plus Bond ETF $JCPB

United Advisor Group LLC purchased a new position in JPMorgan Core Plus Bond ETF (NYSEARCA:JCPB) in the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund purchased 108,714 shares of the company’s stock, valued at approximately $4,868,000.

A number of other hedge funds have also added to or reduced their stakes in the stock. Plancorp LLC bought a new position in shares of JPMorgan Core Plus Bond ETF during the third quarter worth $456,000. Carmel Capital Partners LLC purchased a new stake in JPMorgan Core Plus Bond ETF during the third quarter valued at approximately $751,000. Alps Advisors Inc. raised its holdings in JPMorgan Core Plus Bond ETF by 12.1% during the 3rd quarter. Alps Advisors Inc. now owns 982,360 shares of the company’s stock valued at $43,990,000 after buying an additional 106,050 shares during the period. Ashton Thomas Private Wealth LLC purchased a new stake in shares of JPMorgan Core Plus Bond ETF in the third quarter valued at $131,000. Finally, Steele Capital Management Inc. purchased a new position in shares of JPMorgan Core Plus Bond ETF during the 3rd quarter worth about $19,877,000.

JPMorgan Core Plus Bond ETF Trading Down 0.1%

Shares of JCPB traded down $0.04 during midday trading on Friday, reaching $45.60. 3,655,819 shares of the stock were exchanged, compared to its average volume of 2,238,512. The company has a market capitalization of $17.60 billion, a P/E ratio of 60.35 and a beta of 0.26. JPMorgan Core Plus Bond ETF has a 52 week low of $44.40 and a 52 week high of $48.17. The company’s 50 day moving average is $45.30 and its two-hundred day moving average is $46.52.

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.