Independent Financial Group LLC Invests $2.46 Million in JPMorgan Core Plus Bond ETF $JCPB

Independent Financial Group LLC acquired a new stake in shares of JPMorgan Core Plus Bond ETF (BATS:JCPB) in the first quarter, according to the company in its most recent Form 13F filing with the SEC. The fund acquired 52,216 shares of the company’s stock, valued at approximately $2,458,000.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Imprint Wealth LLC bought a new position in JPMorgan Core Plus Bond ETF in the 3rd quarter worth $30,000. SHP Wealth Management bought a new stake in JPMorgan Core Plus Bond ETF during the fourth quarter valued at about $31,000. Root Financial Partners LLC grew its holdings in JPMorgan Core Plus Bond ETF by 486.3% during the fourth quarter. Root Financial Partners LLC now owns 727 shares of the company’s stock valued at $34,000 after purchasing an additional 603 shares during the period. Fairway Wealth LLC purchased a new stake in JPMorgan Core Plus Bond ETF in the fourth quarter worth about $35,000. Finally, Oak Harbor Wealth Partners LLC purchased a new stake in JPMorgan Core Plus Bond ETF in the fourth quarter worth about $36,000.

JPMorgan Core Plus Bond ETF Trading Up 0.1%

Shares of BATS:JCPB opened at $46.58 on Friday. JPMorgan Core Plus Bond ETF has a 12-month low of $46.21 and a 12-month high of $48.17. The company has a market cap of $6.84 billion, a PE ratio of 60.35 and a beta of 0.24. The stock has a 50 day moving average of $46.71 and a 200 day moving average of $47.13.

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.