Apollon Wealth Management LLC Purchases 19,400 Shares of JPMorgan Core Plus Bond ETF $JCPB

Apollon Wealth Management LLC increased its position in JPMorgan Core Plus Bond ETF (BATS:JCPB) by 65.5% during the second quarter, HoldingsChannel.com reports. The firm owned 49,017 shares of the company’s stock after acquiring an additional 19,400 shares during the quarter. Apollon Wealth Management LLC’s holdings in JPMorgan Core Plus Bond ETF were worth $2,307,000 as of its most recent SEC filing.

A number of other hedge funds also recently bought and sold shares of JCPB. HB Wealth Management LLC boosted its stake in JPMorgan Core Plus Bond ETF by 105.6% in the 2nd quarter. HB Wealth Management LLC now owns 7,766,678 shares of the company’s stock worth $365,500,000 after purchasing an additional 3,988,832 shares in the last quarter. Factory Mutual Insurance Co. bought a new position in JPMorgan Core Plus Bond ETF during the 1st quarter valued at about $101,197,000. Summit Financial Strategies Inc. lifted its stake in JPMorgan Core Plus Bond ETF by 1,774.7% during the 1st quarter. Summit Financial Strategies Inc. now owns 1,926,980 shares of the company’s stock valued at $90,645,000 after acquiring an additional 1,824,189 shares during the period. First Pacific Financial bought a new position in JPMorgan Core Plus Bond ETF during the 1st quarter valued at about $77,126,000. Finally, HighTower Advisors LLC lifted its stake in JPMorgan Core Plus Bond ETF by 97.7% during the 1st quarter. HighTower Advisors LLC now owns 2,804,192 shares of the company’s stock valued at $131,909,000 after acquiring an additional 1,385,428 shares during the period.

JPMorgan Core Plus Bond ETF Stock Performance

JCPB opened at $47.57 on Monday. The stock has a market capitalization of $6.99 billion, a P/E ratio of 60.35 and a beta of 0.24. The company’s 50-day simple moving average is $47.31 and its two-hundred day simple moving average is $46.78. JPMorgan Core Plus Bond ETF has a 52-week low of $45.51 and a 52-week high of $48.54.

JPMorgan Core Plus Bond ETF Company 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.