Riverchase Wealth Management LLC Purchases 27,297 Shares of JPMorgan Core Plus Bond ETF $JCPB

Riverchase Wealth Management LLC raised its holdings in shares of JPMorgan Core Plus Bond ETF (BATS:JCPB) by 7.5% during the first quarter, HoldingsChannel reports. The institutional investor owned 391,521 shares of the company’s stock after acquiring an additional 27,297 shares during the quarter. JPMorgan Core Plus Bond ETF accounts for about 9.6% of Riverchase Wealth Management LLC’s investment portfolio, making the stock its 2nd largest holding. Riverchase Wealth Management LLC’s holdings in JPMorgan Core Plus Bond ETF were worth $18,433,000 as of its most recent SEC filing.

Several other institutional investors also recently bought and sold shares of the business. OpenArc Corporate Advisory LLC acquired a new stake in shares of JPMorgan Core Plus Bond ETF in the fourth quarter worth $200,929,000. Dynasty Wealth Management LLC acquired a new position in shares of JPMorgan Core Plus Bond ETF during the 4th quarter valued at $176,371,000. Morgan Stanley boosted its position in JPMorgan Core Plus Bond ETF by 51.3% during the 4th quarter. Morgan Stanley now owns 6,423,061 shares of the company’s stock worth $304,132,000 after purchasing an additional 2,177,142 shares during the period. HB Wealth Management LLC boosted 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 purchasing an additional 1,954,190 shares during the period. Finally, Wealth Enhancement Advisory Services LLC increased its holdings in JPMorgan Core Plus Bond ETF by 618.7% in the 4th quarter. Wealth Enhancement Advisory Services LLC now owns 2,137,936 shares of the company’s stock valued at $101,381,000 after purchasing an additional 1,840,452 shares in the last quarter.

JPMorgan Core Plus Bond ETF Trading Up 0.1%

Shares of BATS JCPB opened at $46.82 on Wednesday. The stock has a fifty day moving average price of $46.87 and a 200 day moving average price of $47.24. JPMorgan Core Plus Bond ETF has a 12-month low of $46.21 and a 12-month high of $48.17. The company has a market cap of $6.88 billion, a P/E ratio of 60.35 and a beta of 0.24.

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.