Capstone Wealth Management Inc. Makes New $997,000 Investment in JPMorgan Short Duration Core Plus ETF $JSCP

Capstone Wealth Management Inc. acquired a new position in JPMorgan Short Duration Core Plus ETF (NYSEARCA:JSCP) during the fourth quarter, according to its most recent filing with the SEC. The firm acquired 20,965 shares of the company’s stock, valued at approximately $997,000. JPMorgan Short Duration Core Plus ETF comprises approximately 0.9% of Capstone Wealth Management Inc.’s holdings, making the stock its 22nd biggest holding. Capstone Wealth Management Inc. owned about 0.08% of JPMorgan Short Duration Core Plus ETF at the end of the most recent quarter.

Several other hedge funds have also recently made changes to their positions in JSCP. Colonial Trust Advisors lifted its stake in JPMorgan Short Duration Core Plus ETF by 164.2% in the fourth quarter. Colonial Trust Advisors now owns 708 shares of the company’s stock worth $34,000 after acquiring an additional 440 shares during the period. Royal Bank of Canada bought a new stake in JPMorgan Short Duration Core Plus ETF in the fourth quarter valued at $55,000. Northwestern Mutual Wealth Management Co. purchased a new position in JPMorgan Short Duration Core Plus ETF during the 2nd quarter valued at $77,000. Flagship Capital Management Inc. purchased a new position in JPMorgan Short Duration Core Plus ETF during the 4th quarter valued at $206,000. Finally, Barnes Wealth Management Group Inc raised its holdings in JPMorgan Short Duration Core Plus ETF by 10.4% in the 3rd quarter. Barnes Wealth Management Group Inc now owns 5,182 shares of the company’s stock worth $247,000 after purchasing an additional 488 shares in the last quarter.

JPMorgan Short Duration Core Plus ETF Trading Up 0.1%

Shares of NYSEARCA JSCP opened at $47.03 on Friday. The firm has a fifty day simple moving average of $47.14 and a two-hundred day simple moving average of $47.39. JPMorgan Short Duration Core Plus ETF has a 12 month low of $46.87 and a 12 month high of $47.87. The firm has a market capitalization of $1.42 billion, a PE ratio of 8.12 and a beta of 0.12.

JPMorgan Short Duration Core Plus ETF Profile

The JPMorgan Short Duration Core Plus ETF (JSCP) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund is an actively managed fund that invests in a portfolio of global fixed income securities of varying credit quality, and aims for a duration of three years or less. JSCP was launched on Mar 1, 2021 and is managed by JPMorgan Chase.