Legacy Wealth Management Inc increased its position in JPMorgan Core Plus Bond ETF (BATS:JCPB – Free Report) by 2.5% during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 3,314,934 shares of the company’s stock after purchasing an additional 81,090 shares during the period. JPMorgan Core Plus Bond ETF accounts for 9.7% of Legacy Wealth Management Inc’s portfolio, making the stock its 4th biggest position. Legacy Wealth Management Inc’s holdings in JPMorgan Core Plus Bond ETF were worth $156,001,000 at the end of the most recent quarter.
Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. HB Wealth Management LLC increased its holdings in shares of JPMorgan Core Plus Bond ETF by 105.6% during the second quarter. HB Wealth Management LLC now owns 7,766,678 shares of the company’s stock valued at $365,500,000 after acquiring an additional 3,988,832 shares in the last quarter. Factory Mutual Insurance Co. bought a new position in shares of JPMorgan Core Plus Bond ETF during the first quarter valued at $101,197,000. Summit Financial Strategies Inc. increased its holdings in shares of JPMorgan Core Plus Bond ETF by 1,774.7% during the first quarter. Summit Financial Strategies Inc. now owns 1,926,980 shares of the company’s stock valued at $90,645,000 after acquiring an additional 1,824,189 shares in the last quarter. First Pacific Financial bought a new position in shares of JPMorgan Core Plus Bond ETF during the first quarter valued at $77,126,000. Finally, HighTower Advisors LLC increased its holdings in shares of JPMorgan Core Plus Bond ETF by 97.7% during the first quarter. HighTower Advisors LLC now owns 2,804,192 shares of the company’s stock valued at $131,909,000 after acquiring an additional 1,385,428 shares in the last quarter.
JPMorgan Core Plus Bond ETF Price Performance
Shares of BATS:JCPB opened at $47.56 on Tuesday. JPMorgan Core Plus Bond ETF has a 1-year low of $45.51 and a 1-year high of $48.54. The business has a fifty day moving average price of $47.18 and a 200-day moving average price of $46.75. The company has a market capitalization of $6.99 billion, a PE ratio of 60.35 and a beta of 0.24.
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.
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