SouthState Corp Decreases Stake in JPMorgan Core Plus Bond ETF $JCPB

SouthState Corp lowered its position in JPMorgan Core Plus Bond ETF (BATS:JCPB) by 16.3% during the second quarter, according to its most recent filing with the SEC. The institutional investor owned 803,656 shares of the company’s stock after selling 156,553 shares during the period. JPMorgan Core Plus Bond ETF accounts for approximately 1.7% of SouthState Corp’s portfolio, making the stock its 14th biggest holding. SouthState Corp owned approximately 0.55% of JPMorgan Core Plus Bond ETF worth $37,820,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Silver Oak Securities Incorporated lifted its holdings in JPMorgan Core Plus Bond ETF by 2.4% in the 2nd quarter. Silver Oak Securities Incorporated now owns 9,471 shares of the company’s stock valued at $446,000 after purchasing an additional 221 shares in the last quarter. World Investment Advisors raised its holdings in shares of JPMorgan Core Plus Bond ETF by 0.7% during the 2nd quarter. World Investment Advisors now owns 31,872 shares of the company’s stock worth $1,500,000 after acquiring an additional 235 shares during the period. Silverlake Wealth Management LLC raised its holdings in shares of JPMorgan Core Plus Bond ETF by 5.2% during the 1st quarter. Silverlake Wealth Management LLC now owns 6,178 shares of the company’s stock worth $291,000 after acquiring an additional 308 shares during the period. Independent Wealth Network Inc. raised its holdings in shares of JPMorgan Core Plus Bond ETF by 2.1% during the 2nd quarter. Independent Wealth Network Inc. now owns 15,395 shares of the company’s stock worth $724,000 after acquiring an additional 318 shares during the period. Finally, Strategic Financial Concepts LLC raised its holdings in shares of JPMorgan Core Plus Bond ETF by 7.0% during the 2nd quarter. Strategic Financial Concepts LLC now owns 5,394 shares of the company’s stock worth $254,000 after acquiring an additional 355 shares during the period.

JPMorgan Core Plus Bond ETF Stock Up 3.8%

BATS JCPB opened at $47.32 on Thursday. JPMorgan Core Plus Bond ETF has a 52 week low of $45.51 and a 52 week high of $48.54. The business’s fifty day simple moving average is $47.57 and its 200-day simple moving average is $46.94. The firm has a market cap of $6.95 billion, a PE ratio of 60.35 and a beta of 0.24.

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.