Farther Finance Advisors LLC Acquires 729,302 Shares of JPMorgan Core Plus Bond ETF $JCPB

Farther Finance Advisors LLC bought a new position in JPMorgan Core Plus Bond ETF (NYSEARCA:JCPB) in the third quarter, according to the company in its most recent 13F filing with the SEC. The firm bought 729,302 shares of the company’s stock, valued at approximately $32,658,000.

A number of other hedge funds have also modified their holdings of the company. HB Wealth Management LLC lifted its holdings in shares of 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 purchasing an additional 2,042,169 shares during the period. Legacy Wealth Management LLC boosted its holdings in shares of JPMorgan Core Plus Bond ETF by 4.9% in the 2nd quarter. Legacy Wealth Management LLC now owns 4,057,660 shares of the company’s stock valued at $190,467,000 after acquiring an additional 190,026 shares during the last quarter. Mariner LLC increased its stake in shares of JPMorgan Core Plus Bond ETF by 23.6% in the fourth quarter. Mariner LLC now owns 3,632,956 shares of the company’s stock worth $172,020,000 after acquiring an additional 694,145 shares during the period. Janney Montgomery Scott LLC raised its holdings 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 worth $168,020,000 after purchasing an additional 769,266 shares during the last quarter. Finally, Valeo Financial Advisors LLC acquired a new position in JPMorgan Core Plus Bond ETF during the third quarter valued at $140,086,000.

JPMorgan Core Plus Bond ETF Trading Up 0.3%

JCPB traded up $0.14 during midday trading on Thursday, hitting $44.77. 4,401,655 shares of the company were exchanged, compared to its average volume of 2,045,335. The company’s 50 day simple moving average is $45.74 and its 200 day simple moving average is $46.43. The firm has a market capitalization of $15.32 billion, a price-to-earnings ratio of 60.35 and a beta of 0.26. JPMorgan Core Plus Bond ETF has a 1-year low of $44.40 and a 1-year 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.