JPMorgan Core Plus Bond ETF $JCPB is Merited Wealth LLC’s 4th Largest Position

Merited Wealth LLC raised its stake in JPMorgan Core Plus Bond ETF (BATS:JCPB) by 185.3% during the first quarter, Holdings Channel.com reports. The institutional investor owned 107,008 shares of the company’s stock after purchasing an additional 69,498 shares during the quarter. JPMorgan Core Plus Bond ETF accounts for about 4.2% of Merited Wealth LLC’s portfolio, making the stock its 4th largest position. Merited Wealth LLC’s holdings in JPMorgan Core Plus Bond ETF were worth $5,038,000 at the end of the most recent quarter.

A number of other institutional investors have also recently made changes to their positions in JCPB. Qube Research & Technologies Ltd bought a new position in JPMorgan Core Plus Bond ETF in the second quarter valued at $298,000. Betterment LLC boosted its holdings in shares of JPMorgan Core Plus Bond ETF by 37.6% in the 2nd quarter. Betterment LLC now owns 84,519 shares of the company’s stock worth $3,977,000 after purchasing an additional 23,086 shares in the last quarter. Jane Street Group LLC increased its position in shares of JPMorgan Core Plus Bond ETF by 267.1% during the 2nd quarter. Jane Street Group LLC now owns 505,139 shares of the company’s stock valued at $23,772,000 after purchasing an additional 367,551 shares during the last quarter. EP Wealth Advisors LLC increased its position in shares of JPMorgan Core Plus Bond ETF by 836.1% during the 2nd quarter. EP Wealth Advisors LLC now owns 43,156 shares of the company’s stock valued at $2,031,000 after purchasing an additional 38,546 shares during the last quarter. Finally, MML Investors Services LLC raised its holdings in shares of JPMorgan Core Plus Bond ETF by 73.0% during the 2nd quarter. MML Investors Services LLC now owns 229,056 shares of the company’s stock valued at $10,779,000 after buying an additional 96,657 shares in the last quarter.

JPMorgan Core Plus Bond ETF Stock Performance

JCPB stock opened at $46.69 on Thursday. The firm has a market cap of $6.86 billion, a P/E ratio of 60.35 and a beta of 0.24. The firm’s fifty day moving average is $46.83 and its 200 day moving average is $47.22. JPMorgan Core Plus Bond ETF has a 52 week low of $46.21 and a 52 week high of $48.17.

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.