Cabot Wealth Management Inc. Makes New $1.86 Million Investment in JPMorgan Core Plus Bond ETF $JCPB

Cabot Wealth Management Inc. acquired a new stake in JPMorgan Core Plus Bond ETF (NYSEARCA:JCPB) during the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor acquired 41,579 shares of the company’s stock, valued at approximately $1,862,000.

A number of other hedge funds have also made changes to their positions in the business. Factory Mutual Insurance Co. purchased a new stake in shares of JPMorgan Core Plus Bond ETF in the 3rd quarter valued at about $357,493,000. Annex Advisory Services LLC acquired a new stake in shares of JPMorgan Core Plus Bond ETF in the 3rd quarter valued at about $224,263,000. Legacy Wealth Management LLC grew its stake in JPMorgan Core Plus Bond ETF by 4.9% during the 2nd quarter. Legacy Wealth Management LLC now owns 4,057,660 shares of the company’s stock worth $190,467,000 after buying an additional 190,026 shares during the last quarter. Valeo Financial Advisors LLC purchased a new position in JPMorgan Core Plus Bond ETF during the 3rd quarter worth approximately $140,086,000. Finally, Confluence Wealth Services Inc. purchased a new position in JPMorgan Core Plus Bond ETF during the 3rd quarter worth approximately $145,232,000.

JPMorgan Core Plus Bond ETF Stock Up 0.0%

JCPB opened at $45.34 on Thursday. The firm has a market cap of $17.65 billion, a price-to-earnings ratio of 60.35 and a beta of 0.26. JPMorgan Core Plus Bond ETF has a 52 week low of $44.40 and a 52 week high of $48.17. The business’s 50 day moving average is $45.26 and its two-hundred day moving average is $46.49.

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.