JPMorgan Core Plus Bond ETF $JCPB Stock: Hartford Financial Management Inc. Decreases Position

Hartford Financial Management Inc. lessened its holdings in JPMorgan Core Plus Bond ETF (NYSEARCA:JCPB) by 46.4% during the third quarter, HoldingsChannel.com reports. The fund owned 764,646 shares of the company’s stock after selling 662,961 shares during the quarter. JPMorgan Core Plus Bond ETF makes up about 7.6% of Hartford Financial Management Inc.’s portfolio, making the stock its biggest holding. Hartford Financial Management Inc.’s holdings in JPMorgan Core Plus Bond ETF were worth $34,241,000 at the end of the most recent reporting period.

Several other large investors have also recently added to or reduced their stakes in the stock. Catalyst Investment Management LLC acquired a new position in shares of JPMorgan Core Plus Bond ETF during the third quarter worth about $1,917,000. Axxcess Wealth Management LLC purchased a new position in JPMorgan Core Plus Bond ETF in the 3rd quarter worth approximately $2,010,000. USAdvisors Wealth Management LLC purchased a new stake in shares of JPMorgan Core Plus Bond ETF during the third quarter valued at approximately $850,000. Ellis Investment Partners LLC acquired a new position in shares of JPMorgan Core Plus Bond ETF during the third quarter worth $18,547,000. Finally, Fifth Third Securities Inc. purchased a new position in shares of JPMorgan Core Plus Bond ETF in the third quarter valued at $822,000.

JPMorgan Core Plus Bond ETF Price Performance

JPMorgan Core Plus Bond ETF stock opened at $45.07 on Thursday. JPMorgan Core Plus Bond ETF has a 12-month low of $44.40 and a 12-month high of $48.17. The company has a market capitalization of $16.16 billion, a price-to-earnings ratio of 60.35 and a beta of 0.26. The firm’s fifty day moving average price is $45.49 and its 200 day moving average price is $46.29.

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.