Core Wealth Advisors LLC Has $16.09 Million Stock Position in JPMorgan Core Plus Bond ETF $JCPB

Core Wealth Advisors LLC increased its stake in JPMorgan Core Plus Bond ETF (BATS:JCPB) by 5.3% in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 341,844 shares of the company’s stock after acquiring an additional 17,287 shares during the period. JPMorgan Core Plus Bond ETF makes up approximately 12.4% of Core Wealth Advisors LLC’s investment portfolio, making the stock its biggest position. Core Wealth Advisors LLC owned 0.23% of JPMorgan Core Plus Bond ETF worth $16,094,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. HB Wealth Management LLC raised its position in JPMorgan Core Plus Bond ETF by 16.5% during the first quarter. HB Wealth Management LLC now owns 14,422,179 shares of the company’s stock valued at $676,223,000 after purchasing an additional 2,042,169 shares during the period. Bank of America Corp DE boosted its holdings in shares of JPMorgan Core Plus Bond ETF by 4.4% in the 3rd quarter. Bank of America Corp DE now owns 8,414,956 shares of the company’s stock worth $400,131,000 after purchasing an additional 355,956 shares during the period. Morgan Stanley increased its position in shares of 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 valued at $304,132,000 after purchasing an additional 2,177,142 shares during the last quarter. Raymond James Financial Inc. increased its position in shares of 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 valued at $225,731,000 after purchasing an additional 855,996 shares during the last quarter. Finally, JPMorgan Chase & Co. increased its position in shares of 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 valued at $212,174,000 after purchasing an additional 493,653 shares during the last quarter.

JPMorgan Core Plus Bond ETF Stock Performance

BATS:JCPB opened at $46.74 on Friday. The firm has a market capitalization of $6.87 billion, a PE ratio of 60.35 and a beta of 0.24. The stock’s fifty day moving average is $46.81 and its 200 day moving average is $47.21. JPMorgan Core Plus Bond ETF has a fifty-two week low of $46.21 and a fifty-two week high of $48.17.

About JPMorgan Core Plus Bond ETF

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.