Elm3 Financial Group LLC Lowers Stock Holdings in JPMorgan Core Plus Bond ETF $JCPB

Elm3 Financial Group LLC lessened its stake in JPMorgan Core Plus Bond ETF (BATS:JCPB) by 34.1% during the 2nd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 8,370 shares of the company’s stock after selling 4,338 shares during the period. Elm3 Financial Group LLC’s holdings in JPMorgan Core Plus Bond ETF were worth $394,000 as of its most recent SEC filing.

A number of other hedge funds also recently added to or reduced their stakes in the stock. TruWealth Advisors LLC increased its holdings in shares of JPMorgan Core Plus Bond ETF by 1.2% in the second quarter. TruWealth Advisors LLC now owns 96,712 shares of the company’s stock valued at $4,551,000 after purchasing an additional 1,186 shares during the period. Cedar Point Capital Partners LLC grew its position in JPMorgan Core Plus Bond ETF by 1.1% in the 1st quarter. Cedar Point Capital Partners LLC now owns 240,786 shares of the company’s stock valued at $11,327,000 after buying an additional 2,599 shares during the last quarter. Wealth Enhancement Advisory Services LLC increased its stake in JPMorgan Core Plus Bond ETF by 8.0% in the 2nd quarter. Wealth Enhancement Advisory Services LLC now owns 255,602 shares of the company’s stock valued at $11,929,000 after buying an additional 18,962 shares during the period. Steward Partners Investment Advisory LLC raised its position in JPMorgan Core Plus Bond ETF by 40.7% during the 1st quarter. Steward Partners Investment Advisory LLC now owns 190,890 shares of the company’s stock worth $8,979,000 after buying an additional 55,243 shares during the last quarter. Finally, James J. Burns & Company LLC raised its position in JPMorgan Core Plus Bond ETF by 21.9% during the 2nd quarter. James J. Burns & Company LLC now owns 71,642 shares of the company’s stock worth $3,371,000 after buying an additional 12,848 shares during the last quarter.

JPMorgan Core Plus Bond ETF Stock Up 3.8%

Shares of BATS:JCPB opened at $47.36 on Tuesday. JPMorgan Core Plus Bond ETF has a fifty-two week low of $45.51 and a fifty-two week high of $48.54. The firm’s 50-day simple moving average is $47.26 and its 200-day simple moving average is $46.77. The company has a market cap of $6.96 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.