JPMorgan Core Plus Bond ETF $JCPB Stake Increased by First Pacific Financial

First Pacific Financial boosted its stake in JPMorgan Core Plus Bond ETF (BATS:JCPB) by 4.2% in the 1st quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 2,005,687 shares of the company’s stock after purchasing an additional 80,530 shares during the quarter. JPMorgan Core Plus Bond ETF makes up 12.2% of First Pacific Financial’s investment portfolio, making the stock its largest position. First Pacific Financial owned about 1.37% of JPMorgan Core Plus Bond ETF worth $94,428,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds have also added to or reduced their stakes in the company. HB Wealth Management LLC lifted its holdings in shares of JPMorgan Core Plus Bond ETF by 18.7% in the fourth quarter. HB Wealth Management LLC now owns 12,380,010 shares of the company’s stock worth $586,193,000 after buying an additional 1,954,190 shares in the last quarter. Bank of America Corp DE grew its stake in JPMorgan Core Plus Bond ETF by 4.4% during the third quarter. Bank of America Corp DE now owns 8,414,956 shares of the company’s stock valued at $400,131,000 after acquiring an additional 355,956 shares in the last quarter. Morgan Stanley increased its holdings in JPMorgan Core Plus Bond ETF by 51.3% during the 4th quarter. Morgan Stanley now owns 6,423,061 shares of the company’s stock worth $304,132,000 after acquiring an additional 2,177,142 shares during the period. Raymond James Financial Inc. increased its holdings in JPMorgan Core Plus Bond ETF by 21.9% during the 4th quarter. Raymond James Financial Inc. now owns 4,767,284 shares of the company’s stock worth $225,731,000 after acquiring an additional 855,996 shares during the period. Finally, JPMorgan Chase & Co. increased its holdings in JPMorgan Core Plus Bond ETF by 12.4% during the 4th quarter. JPMorgan Chase & Co. now owns 4,480,965 shares of the company’s stock worth $212,174,000 after acquiring an additional 493,653 shares during the period.

JPMorgan Core Plus Bond ETF Price Performance

BATS JCPB opened at $46.94 on Wednesday. The company’s 50 day simple moving average is $46.85 and its two-hundred day simple moving average is $47.22. JPMorgan Core Plus Bond ETF has a 1 year low of $46.21 and a 1 year high of $48.17. The stock has a market capitalization of $6.90 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.