HB Wealth Management LLC Has $42.81 Million Stock Holdings in JPMorgan Short Duration Core Plus ETF $JSCP

HB Wealth Management LLC trimmed its position in JPMorgan Short Duration Core Plus ETF (NYSEARCA:JSCP) by 19.1% in the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 899,138 shares of the company’s stock after selling 212,522 shares during the quarter. HB Wealth Management LLC owned approximately 4.69% of JPMorgan Short Duration Core Plus ETF worth $42,808,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. EP Wealth Advisors LLC boosted its stake in shares of JPMorgan Short Duration Core Plus ETF by 48.7% in the 2nd quarter. EP Wealth Advisors LLC now owns 1,863,913 shares of the company’s stock valued at $88,424,000 after purchasing an additional 610,119 shares during the last quarter. Apella Capital LLC bought a new stake in shares of JPMorgan Short Duration Core Plus ETF during the third quarter worth approximately $21,448,000. Bridgewealth Advisory Group LLC lifted its holdings in JPMorgan Short Duration Core Plus ETF by 1,425.4% in the second quarter. Bridgewealth Advisory Group LLC now owns 297,180 shares of the company’s stock valued at $14,098,000 after buying an additional 277,698 shares during the period. Shorepoint Capital Partners LLC bought a new position in JPMorgan Short Duration Core Plus ETF in the third quarter valued at approximately $10,618,000. Finally, CWM LLC grew its holdings in JPMorgan Short Duration Core Plus ETF by 23.0% during the 3rd quarter. CWM LLC now owns 844,131 shares of the company’s stock worth $40,189,000 after acquiring an additional 157,700 shares during the period.

JPMorgan Short Duration Core Plus ETF Stock Performance

Shares of JPMorgan Short Duration Core Plus ETF stock opened at $47.60 on Thursday. The firm has a fifty day moving average of $47.58 and a two-hundred day moving average of $47.49. The stock has a market capitalization of $1.16 billion, a price-to-earnings ratio of 8.12 and a beta of 0.13. JPMorgan Short Duration Core Plus ETF has a 52 week low of $46.35 and a 52 week high of $47.80.

About JPMorgan Short Duration Core Plus ETF

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.