Essex Financial Services Inc. Increases Position in JPMorgan Core Plus Bond ETF $JCPB

Essex Financial Services Inc. grew its holdings in JPMorgan Core Plus Bond ETF (BATS:JCPB) by 155.6% in the fourth quarter, according to its most recent disclosure with the SEC. The fund owned 79,749 shares of the company’s stock after buying an additional 48,545 shares during the period. Essex Financial Services Inc. owned 0.05% of JPMorgan Core Plus Bond ETF worth $3,776,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also made changes to their positions in the business. Founders Financial Securities LLC raised its holdings in shares of JPMorgan Core Plus Bond ETF by 11.6% in the fourth quarter. Founders Financial Securities LLC now owns 450,455 shares of the company’s stock valued at $21,329,000 after buying an additional 46,663 shares during the last quarter. Acorn Wealth Advisors LLC raised its holdings in shares of JPMorgan Core Plus Bond ETF by 207.6% in the fourth quarter. Acorn Wealth Advisors LLC now owns 70,325 shares of the company’s stock valued at $3,330,000 after buying an additional 47,461 shares during the last quarter. Northwestern Mutual Wealth Management Co. raised its holdings in shares of JPMorgan Core Plus Bond ETF by 13.7% in the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 2,835,771 shares of the company’s stock valued at $134,274,000 after buying an additional 341,722 shares during the last quarter. Houlihan Financial Resource Group Ltd. raised its holdings in JPMorgan Core Plus Bond ETF by 209.1% during the fourth quarter. Houlihan Financial Resource Group Ltd. now owns 115,070 shares of the company’s stock worth $5,457,000 after purchasing an additional 77,845 shares in the last quarter. Finally, Foundations Investment Advisors LLC purchased a new position in JPMorgan Core Plus Bond ETF during the fourth quarter worth about $374,000.

JPMorgan Core Plus Bond ETF Stock Up 0.1%

BATS JCPB opened at $46.97 on Friday. The stock has a market capitalization of $6.90 billion, a P/E ratio of 60.35 and a beta of 0.24. JPMorgan Core Plus Bond ETF has a 52-week low of $46.10 and a 52-week high of $48.17. The firm has a 50-day moving average price of $46.94 and a 200 day moving average price of $47.34.

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.