MN Wealth Advisors LLC Has $6.42 Million Position in JPMorgan Core Plus Bond ETF $JCPB

MN Wealth Advisors LLC grew its stake in JPMorgan Core Plus Bond ETF (BATS:JCPB) by 31.5% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 135,486 shares of the company’s stock after acquiring an additional 32,440 shares during the period. JPMorgan Core Plus Bond ETF accounts for about 3.2% of MN Wealth Advisors LLC’s investment portfolio, making the stock its 9th biggest position. MN Wealth Advisors LLC’s holdings in JPMorgan Core Plus Bond ETF were worth $6,415,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors also recently modified their holdings of JCPB. HB Wealth Management LLC raised its stake in shares of JPMorgan Core Plus Bond ETF by 34.2% in the third quarter. HB Wealth Management LLC now owns 10,425,820 shares of the company’s stock worth $495,748,000 after acquiring an additional 2,659,142 shares during the last quarter. Factory Mutual Insurance Co. grew its position in shares of JPMorgan Core Plus Bond ETF by 81.8% during the 3rd quarter. Factory Mutual Insurance Co. now owns 5,846,314 shares of the company’s stock worth $277,992,000 after buying an additional 2,630,014 shares during the period. Wealth Enhancement Advisory Services LLC grew its position in shares of JPMorgan Core Plus Bond ETF by 618.7% during the 4th quarter. Wealth Enhancement Advisory Services LLC now owns 2,137,936 shares of the company’s stock worth $101,381,000 after buying an additional 1,840,452 shares during the period. Confluence Wealth Services Inc. acquired a new stake in shares of JPMorgan Core Plus Bond ETF during the 4th quarter worth approximately $68,173,000. Finally, Alpine Bank Wealth Management grew its position in shares of JPMorgan Core Plus Bond ETF by 67.8% during the 4th quarter. Alpine Bank Wealth Management now owns 2,642,548 shares of the company’s stock worth $125,125,000 after buying an additional 1,067,806 shares during the period.

JPMorgan Core Plus Bond ETF Price Performance

Shares of BATS:JCPB opened at $47.00 on Friday. JPMorgan Core Plus Bond ETF has a one year low of $45.85 and a one year high of $48.17. The company has a 50 day moving average of $47.27 and a 200-day moving average of $47.47. The stock has a market cap of $6.90 billion, a price-to-earnings ratio of 60.35 and a beta of 0.24.

About JPMorgan Core Plus Bond ETF

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.