AlphaCore Capital LLC Acquires New Stake in JPMorgan Core Plus Bond ETF $JCPB

AlphaCore Capital LLC purchased a new position in shares of JPMorgan Core Plus Bond ETF (BATS:JCPB) during the 4th quarter, Holdings Channel reports. The fund purchased 574,494 shares of the company’s stock, valued at approximately $27,312,000.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the business. HB Wealth Management LLC lifted its position in JPMorgan Core Plus Bond ETF by 18.7% during the 4th quarter. HB Wealth Management LLC now owns 12,380,010 shares of the company’s stock worth $586,193,000 after buying an additional 1,954,190 shares in the last quarter. Bank of America Corp DE lifted its position in JPMorgan Core Plus Bond ETF by 4.4% during the 3rd quarter. Bank of America Corp DE now owns 8,414,956 shares of the company’s stock worth $400,131,000 after buying an additional 355,956 shares in the last quarter. Factory Mutual Insurance Co. lifted its position in JPMorgan Core Plus Bond ETF by 81.8% during the 3rd quarter. Factory Mutual Insurance Co. now owns 5,846,314 shares of the company’s stock worth $277,992,000 after buying an additional 2,630,014 shares in the last quarter. JPMorgan Chase & Co. lifted its position in JPMorgan Core Plus Bond ETF by 2.3% during the 3rd quarter. JPMorgan Chase & Co. now owns 3,987,312 shares of the company’s stock worth $189,597,000 after buying an additional 91,136 shares in the last quarter. Finally, Raymond James Financial Inc. lifted its position in JPMorgan Core Plus Bond ETF by 3.7% during the 3rd quarter. Raymond James Financial Inc. now owns 3,911,288 shares of the company’s stock worth $185,982,000 after buying an additional 139,446 shares in the last quarter.

JPMorgan Core Plus Bond ETF Price Performance

Shares of BATS:JCPB opened at $46.48 on Friday. The stock has a market capitalization of $6.83 billion, a PE ratio of 60.35 and a beta of 0.24. The company’s 50-day moving average price is $47.07 and its two-hundred day moving average price is $47.40. JPMorgan Core Plus Bond ETF has a one year low of $45.85 and a one year high of $48.17.

JPMorgan Core Plus Bond ETF 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.