Lake Street Private Wealth LLC Acquires New Stake in JPMorgan Core Plus Bond ETF $JCPB

Lake Street Private Wealth LLC acquired a new stake in JPMorgan Core Plus Bond ETF (NYSEARCA:JCPB) during the 3rd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor acquired 15,390 shares of the company’s stock, valued at approximately $689,000.

Several other institutional investors and hedge funds have also bought and sold shares of the company. HB Wealth Management LLC increased its position in JPMorgan Core Plus Bond ETF by 16.5% in the first quarter. HB Wealth Management LLC now owns 14,422,179 shares of the company’s stock worth $676,223,000 after buying an additional 2,042,169 shares during the last quarter. Annex Advisory Services LLC purchased a new stake in JPMorgan Core Plus Bond ETF in the third quarter worth $224,263,000. Legacy Wealth Management LLC raised its stake in shares of JPMorgan Core Plus Bond ETF by 4.9% in the second quarter. Legacy Wealth Management LLC now owns 4,057,660 shares of the company’s stock valued at $190,467,000 after buying an additional 190,026 shares during the period. Janney Montgomery Scott LLC raised its stake in shares of JPMorgan Core Plus Bond ETF by 27.5% in the first quarter. Janney Montgomery Scott LLC now owns 3,568,823 shares of the company’s stock valued at $168,020,000 after buying an additional 769,266 shares during the period. Finally, Valeo Financial Advisors LLC bought a new stake in shares of JPMorgan Core Plus Bond ETF in the third quarter valued at $140,086,000.

JPMorgan Core Plus Bond ETF Price Performance

Shares of NYSEARCA JCPB opened at $45.42 on Friday. JPMorgan Core Plus Bond ETF has a one year low of $44.40 and a one year high of $48.17. The business’s fifty day moving average price is $45.47 and its 200-day moving average price is $46.28. The stock has a market capitalization of $16.29 billion, a PE ratio of 60.35 and a beta of 0.26.

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.