JPMorgan Core Plus Bond ETF (NYSEARCA:JCPB – Get Free Report) saw a significant drop in short interest in the month of October. As of October 15th, there was short interest totaling 724,485 shares, a drop of 57.0% from the September 30th total of 1,686,454 shares. Approximately 0.2% of the company’s shares are sold short. Based on an average daily volume of 3,819,643 shares, the short-interest ratio is presently 0.2 days.
JPMorgan Core Plus Bond ETF Trading Up 0.3%
Shares of JCPB stock traded up $0.13 on Friday, hitting $45.60. The stock had a trading volume of 2,032,930 shares, compared to its average volume of 2,203,748. JPMorgan Core Plus Bond ETF has a twelve month low of $44.40 and a twelve month high of $48.17. The firm has a market cap of $16.38 billion, a P/E ratio of 60.35 and a beta of 0.26. The company has a fifty day moving average price of $45.38 and a two-hundred day moving average price of $46.57.
Institutional Inflows and Outflows
Institutional investors and hedge funds have recently added to or reduced their stakes in the business. Factory Mutual Insurance Co. bought a new position in shares of JPMorgan Core Plus Bond ETF during the 3rd quarter valued at about $357,493,000. Annex Advisory Services LLC bought a new stake in JPMorgan Core Plus Bond ETF during the 3rd quarter worth approximately $224,263,000. Legacy Wealth Management LLC bought a new stake in JPMorgan Core Plus Bond ETF during the 3rd quarter worth approximately $175,467,000. Valeo Financial Advisors LLC acquired a new stake in JPMorgan Core Plus Bond ETF during the 3rd quarter worth approximately $140,086,000. Finally, Summit Financial Strategies Inc. acquired a new stake in JPMorgan Core Plus Bond ETF during the 3rd quarter worth approximately $135,774,000.
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.
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