Envestnet Asset Management Inc. boosted its stake in JPMorgan Core Plus Bond ETF (BATS:JCPB – Free Report) by 22.9% in the third quarter, HoldingsChannel reports. The firm owned 1,849,637 shares of the company’s stock after acquiring an additional 345,055 shares during the period. Envestnet Asset Management Inc.’s holdings in JPMorgan Core Plus Bond ETF were worth $87,950,000 at the end of the most recent quarter.
A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in JCPB. Parkworth Wealth Management Inc. bought a new stake in shares of JPMorgan Core Plus Bond ETF in the 2nd quarter valued at about $29,000. GoalVest Advisory LLC acquired a new position in JPMorgan Core Plus Bond ETF during the third quarter valued at approximately $33,000. Total Investment Management Inc. bought a new stake in JPMorgan Core Plus Bond ETF in the second quarter valued at approximately $37,000. Elevation Point Wealth Partners LLC acquired a new stake in JPMorgan Core Plus Bond ETF in the second quarter worth $57,000. Finally, Cullen Frost Bankers Inc. acquired a new stake in JPMorgan Core Plus Bond ETF in the third quarter worth $99,000.
JPMorgan Core Plus Bond ETF Stock Up 4.1%
Shares of JCPB stock opened at $47.48 on Friday. JPMorgan Core Plus Bond ETF has a 12-month low of $45.51 and a 12-month high of $48.54. The firm has a market capitalization of $6.97 billion, a price-to-earnings ratio of 60.35 and a beta of 0.24. The firm has a fifty day moving average of $47.48 and a 200-day moving average of $47.43.
JPMorgan Core Plus Bond ETF Increases Dividend
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.
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