Valmark Advisers Inc. Invests $2.58 Million in JPMorgan Core Plus Bond ETF $JCPB

Valmark Advisers Inc. acquired a new stake in JPMorgan Core Plus Bond ETF (BATS:JCPB) in the 1st quarter, HoldingsChannel reports. The fund acquired 54,839 shares of the company’s stock, valued at approximately $2,582,000.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Qube Research & Technologies Ltd bought a new stake in JPMorgan Core Plus Bond ETF during the second quarter worth $298,000. Betterment LLC increased its stake in shares of JPMorgan Core Plus Bond ETF by 37.6% during the 2nd quarter. Betterment LLC now owns 84,519 shares of the company’s stock worth $3,977,000 after purchasing an additional 23,086 shares during the last quarter. Jane Street Group LLC raised its holdings in shares of JPMorgan Core Plus Bond ETF by 267.1% in the 2nd quarter. Jane Street Group LLC now owns 505,139 shares of the company’s stock valued at $23,772,000 after purchasing an additional 367,551 shares during the period. EP Wealth Advisors LLC raised its holdings in shares of JPMorgan Core Plus Bond ETF by 836.1% in the 2nd quarter. EP Wealth Advisors LLC now owns 43,156 shares of the company’s stock valued at $2,031,000 after purchasing an additional 38,546 shares during the period. Finally, MML Investors Services LLC lifted its stake in JPMorgan Core Plus Bond ETF by 73.0% in the 2nd quarter. MML Investors Services LLC now owns 229,056 shares of the company’s stock valued at $10,779,000 after purchasing an additional 96,657 shares during the last quarter.

JPMorgan Core Plus Bond ETF Stock Performance

JPMorgan Core Plus Bond ETF stock opened at $46.52 on Monday. JPMorgan Core Plus Bond ETF has a 52 week low of $46.21 and a 52 week high of $48.17. The stock has a market capitalization of $6.83 billion, a P/E ratio of 60.35 and a beta of 0.24. The stock has a 50-day simple moving average of $46.76 and a 200 day simple moving average of $47.18.

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.