SkyOak Wealth LLC Grows Stake in JPMorgan Short Duration Core Plus ETF $JSCP

SkyOak Wealth LLC lifted its holdings in JPMorgan Short Duration Core Plus ETF (NYSEARCA:JSCP) by 7.4% during the 2nd quarter, HoldingsChannel reports. The institutional investor owned 313,090 shares of the company’s stock after purchasing an additional 21,644 shares during the period. JPMorgan Short Duration Core Plus ETF comprises approximately 2.4% of SkyOak Wealth LLC’s portfolio, making the stock its 10th largest holding. SkyOak Wealth LLC’s holdings in JPMorgan Short Duration Core Plus ETF were worth $14,761,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds have also recently modified their holdings of JSCP. Colonial Trust Advisors boosted its holdings in JPMorgan Short Duration Core Plus ETF by 164.2% during the 4th quarter. Colonial Trust Advisors now owns 708 shares of the company’s stock valued at $34,000 after acquiring an additional 440 shares during the period. Royal Bank of Canada purchased a new stake in JPMorgan Short Duration Core Plus ETF in the fourth quarter worth $55,000. Northwestern Mutual Wealth Management Co. purchased a new stake in JPMorgan Short Duration Core Plus ETF in the second quarter worth $77,000. Cedar Mountain Advisors LLC bought a new stake in shares of JPMorgan Short Duration Core Plus ETF during the second quarter worth $139,000. Finally, Barnes Wealth Management Group Inc lifted its position in shares of JPMorgan Short Duration Core Plus ETF by 10.4% during the third quarter. Barnes Wealth Management Group Inc now owns 5,182 shares of the company’s stock worth $247,000 after purchasing an additional 488 shares during the last quarter.

JPMorgan Short Duration Core Plus ETF Trading Down 0.5%

NYSEARCA JSCP opened at $46.62 on Wednesday. The stock has a market cap of $1.70 billion, a PE ratio of 8.12 and a beta of 0.12. JPMorgan Short Duration Core Plus ETF has a 12 month low of $46.60 and a 12 month high of $47.87. The company’s 50-day moving average price is $46.93 and its 200-day moving average price is $47.15.

JPMorgan Short Duration Core Plus ETF Profile

The JPMorgan Short Duration Core Plus ETF (JSCP) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund is an actively managed fund that invests in a portfolio of global fixed income securities of varying credit quality, and aims for a duration of three years or less. JSCP was launched on Mar 1, 2021 and is managed by JPMorgan Chase.