McAdam LLC Increases Holdings in JPMorgan Core Plus Bond ETF $JCPB

McAdam LLC boosted its stake in shares of JPMorgan Core Plus Bond ETF (BATS:JCPB) by 8.1% during the 3rd quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 1,156,105 shares of the company’s stock after purchasing an additional 86,557 shares during the period. JPMorgan Core Plus Bond ETF comprises about 2.7% of McAdam LLC’s investment portfolio, making the stock its 8th biggest position. McAdam LLC’s holdings in JPMorgan Core Plus Bond ETF were worth $54,973,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Clarity Wealth Advisors LLC boosted its stake in JPMorgan Core Plus Bond ETF by 17.0% during the third quarter. Clarity Wealth Advisors LLC now owns 191,243 shares of the company’s stock valued at $9,094,000 after buying an additional 27,822 shares during the last quarter. Apella Capital LLC raised its holdings in shares of JPMorgan Core Plus Bond ETF by 996.2% during the 3rd quarter. Apella Capital LLC now owns 232,771 shares of the company’s stock worth $11,143,000 after acquiring an additional 211,536 shares in the last quarter. Alpine Bank Wealth Management raised its holdings in shares of JPMorgan Core Plus Bond ETF by 84.3% during the 3rd quarter. Alpine Bank Wealth Management now owns 1,574,742 shares of the company’s stock worth $74,879,000 after acquiring an additional 720,527 shares in the last quarter. 5T Wealth LLC boosted its position in shares of JPMorgan Core Plus Bond ETF by 26.8% during the 3rd quarter. 5T Wealth LLC now owns 158,439 shares of the company’s stock valued at $7,534,000 after acquiring an additional 33,509 shares during the last quarter. Finally, Apollon Wealth Management LLC grew its holdings in shares of JPMorgan Core Plus Bond ETF by 203.4% in the third quarter. Apollon Wealth Management LLC now owns 148,719 shares of the company’s stock valued at $7,072,000 after purchasing an additional 99,702 shares in the last quarter.

JPMorgan Core Plus Bond ETF Stock Performance

Shares of JCPB opened at $47.28 on Wednesday. The stock has a market capitalization of $6.94 billion, a PE ratio of 60.35 and a beta of 0.24. The company’s fifty day moving average is $47.52 and its 200 day moving average is $47.35. JPMorgan Core Plus Bond ETF has a fifty-two week low of $45.51 and a fifty-two week high of $48.54.

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.