Ellis Investment Partners LLC Buys 414,169 Shares of JPMorgan Core Plus Bond ETF $JCPB

Ellis Investment Partners LLC purchased a new position in JPMorgan Core Plus Bond ETF (NYSEARCA:JCPB) during the 3rd quarter, HoldingsChannel reports. The institutional investor purchased 414,169 shares of the company’s stock, valued at approximately $18,547,000. JPMorgan Core Plus Bond ETF makes up 2.8% of Ellis Investment Partners LLC’s holdings, making the stock its 8th largest holding.

Several other large investors have also made changes to their positions in JCPB. Econ Financial Services Corp boosted its stake in shares of JPMorgan Core Plus Bond ETF by 30.0% in the first quarter. Econ Financial Services Corp now owns 241,594 shares of the company’s stock worth $11,374,000 after buying an additional 55,693 shares during the last quarter. Walkner Condon Financial Advisors LLC increased its holdings in JPMorgan Core Plus Bond ETF by 12.3% in the first quarter. Walkner Condon Financial Advisors LLC now owns 587,402 shares of the company’s stock valued at $27,655,000 after buying an additional 64,498 shares in the last quarter. Rockefeller Capital Management L.P. boosted its stake in shares of JPMorgan Core Plus Bond ETF by 45.9% during the 4th quarter. Rockefeller Capital Management L.P. now owns 34,002 shares of the company’s stock worth $1,610,000 after acquiring an additional 10,698 shares in the last quarter. Segall Bryant & Hamill LLC acquired a new stake in JPMorgan Core Plus Bond ETF in the 1st quarter valued at $1,930,000. Finally, Avantax Planning Partners Inc. boosted its stake in shares of JPMorgan Core Plus Bond ETF by 2.9% in the first quarter. Avantax Planning Partners Inc. now owns 1,674,613 shares of the company’s stock worth $78,841,000 after acquiring an additional 47,635 shares during the last quarter.

JPMorgan Core Plus Bond ETF Stock Performance

Shares of NYSEARCA:JCPB traded up $0.03 during midday trading on Wednesday, hitting $45.08. The company’s stock had a trading volume of 1,867,848 shares, compared to its average volume of 2,071,235. The company has a market cap of $16.17 billion, a P/E ratio of 60.35 and a beta of 0.26. JPMorgan Core Plus Bond ETF has a 12-month low of $44.40 and a 12-month high of $48.17. The business’s 50 day simple moving average is $45.51 and its 200 day simple moving average is $46.30.

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.