JPMorgan Chase & Co. Acquires 3,190,347 Shares of iShares iBoxx $ Investment Grade Corporate Bond ETF $LQD

JPMorgan Chase & Co. grew its holdings in iShares iBoxx $ Investment Grade Corporate Bond ETF (NYSEARCA:LQD) by 430.0% in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 3,932,215 shares of the exchange traded fund’s stock after purchasing an additional 3,190,347 shares during the quarter. JPMorgan Chase & Co.’s holdings in iShares iBoxx $ Investment Grade Corporate Bond ETF were worth $433,291,000 at the end of the most recent reporting period.

Other large investors have also modified their holdings of the company. Comprehensive Financial Planning Inc. PA raised its holdings in shares of iShares iBoxx $ Investment Grade Corporate Bond ETF by 175.4% in the 4th quarter. Comprehensive Financial Planning Inc. PA now owns 336 shares of the exchange traded fund’s stock valued at $37,000 after purchasing an additional 214 shares in the last quarter. EQ Wealth Advisors LLC bought a new stake in shares of iShares iBoxx $ Investment Grade Corporate Bond ETF in the 4th quarter valued at about $41,000. Ares Financial Consulting LLC bought a new stake in shares of iShares iBoxx $ Investment Grade Corporate Bond ETF in the 4th quarter valued at about $51,000. Imprint Wealth LLC bought a new stake in shares of iShares iBoxx $ Investment Grade Corporate Bond ETF in the 3rd quarter valued at about $93,000. Finally, Kohmann Bosshard Financial Services LLC bought a new stake in shares of iShares iBoxx $ Investment Grade Corporate Bond ETF in the 4th quarter valued at about $109,000. Institutional investors own 89.30% of the company’s stock.

iShares iBoxx $ Investment Grade Corporate Bond ETF Stock Performance

NYSEARCA:LQD opened at $108.16 on Thursday. The firm has a market cap of $30.65 billion, a P/E ratio of 32.25 and a beta of 0.44. The firm has a 50-day simple moving average of $108.93 and a 200-day simple moving average of $109.92. iShares iBoxx $ Investment Grade Corporate Bond ETF has a one year low of $106.93 and a one year high of $112.93.

About iShares iBoxx $ Investment Grade Corporate Bond ETF

iShares iBoxx $ Investment Grade Corporate Bond ETF (the Fund), formerly iShares iBoxx $ Investment Grade Corporate Bond Fund, is an exchange-traded fund (ETF). The Fund seeks to track the investment results of the Markit iBoxx USD Liquid Investment Grade Index (the Index), which is a rules-based index consisting of liquid, the United States dollar-denominated, investment-grade corporate bonds for sale in the United States. The Index may include large-, mid- or small-capitalization companies, and components primarily include consumer services, financial, and oil and gas companies.