Beaumont Financial Advisors LLC Cuts Stock Position in JPMorgan Short Duration Core Plus ETF $JSCP

Beaumont Financial Advisors LLC reduced its stake in JPMorgan Short Duration Core Plus ETF (NYSEARCA:JSCP) by 87.0% in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 5,141 shares of the company’s stock after selling 34,532 shares during the period. Beaumont Financial Advisors LLC’s holdings in JPMorgan Short Duration Core Plus ETF were worth $243,000 at the end of the most recent reporting period.

Several other hedge funds also recently added to or reduced their stakes in the stock. Colonial Trust Advisors raised its position in shares of JPMorgan Short Duration Core Plus ETF by 164.2% in the 4th quarter. Colonial Trust Advisors now owns 708 shares of the company’s stock valued at $34,000 after purchasing an additional 440 shares in the last quarter. Royal Bank of Canada bought a new stake in shares of JPMorgan Short Duration Core Plus ETF in the fourth quarter worth $55,000. Northwestern Mutual Wealth Management Co. acquired a new position in JPMorgan Short Duration Core Plus ETF in the second quarter worth about $77,000. Flagship Capital Management Inc. acquired a new position in JPMorgan Short Duration Core Plus ETF in the fourth quarter worth about $206,000. Finally, Barnes Wealth Management Group Inc increased its holdings in JPMorgan Short Duration Core Plus ETF by 10.4% in the third quarter. Barnes Wealth Management Group Inc now owns 5,182 shares of the company’s stock valued at $247,000 after buying an additional 488 shares during the last quarter.

JPMorgan Short Duration Core Plus ETF Stock Performance

Shares of NYSEARCA:JSCP opened at $46.97 on Friday. The company’s fifty day moving average is $47.01 and its two-hundred day moving average is $47.31. JPMorgan Short Duration Core Plus ETF has a 1-year low of $46.83 and a 1-year high of $47.87. The stock has a market capitalization of $1.67 billion, a price-to-earnings ratio of 8.12 and a beta of 0.12.

About JPMorgan Short Duration Core Plus ETF

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.