JPMorgan Core Plus Bond ETF (NYSEARCA:JCPB) Short Interest Update

JPMorgan Core Plus Bond ETF (NYSEARCA:JCPB) was the target of a significant decrease in short interest in the month of August. As of August 31st, there was short interest totaling 133,249 shares, a decrease of 88.2% from the August 15th total of 1,128,821 shares. Currently, 0.0% of the company’s stock are sold short. Based on an average daily volume of 1,540,314 shares, the days-to-cover ratio is presently 0.1 days.

Institutional Inflows and Outflows

Institutional investors have recently modified their holdings of the business. HB Wealth Management LLC grew its stake in JPMorgan Core Plus Bond ETF by 16.5% during the 1st quarter. HB Wealth Management LLC now owns 14,422,179 shares of the company’s stock valued at $676,223,000 after purchasing an additional 2,042,169 shares in the last quarter. Bank of America Corp DE grew its position in shares of JPMorgan Core Plus Bond ETF by 4.4% during the third quarter. Bank of America Corp DE now owns 8,414,956 shares of the company’s stock worth $400,131,000 after buying an additional 355,956 shares in the last quarter. Morgan Stanley increased its stake in shares of JPMorgan Core Plus Bond ETF by 51.3% in the fourth quarter. Morgan Stanley now owns 6,423,061 shares of the company’s stock worth $304,132,000 after buying an additional 2,177,142 shares during the last quarter. Raymond James Financial Inc. increased its stake in shares of JPMorgan Core Plus Bond ETF by 21.9% in the fourth quarter. Raymond James Financial Inc. now owns 4,767,284 shares of the company’s stock worth $225,731,000 after buying an additional 855,996 shares during the last quarter. Finally, JPMorgan Chase & Co. raised its holdings in JPMorgan Core Plus Bond ETF by 12.4% in the fourth quarter. JPMorgan Chase & Co. now owns 4,480,965 shares of the company’s stock valued at $212,174,000 after acquiring an additional 493,653 shares in the last quarter.

JPMorgan Core Plus Bond ETF Price Performance

JCPB traded down $0.04 during trading hours on Friday, reaching $45.49. 1,585,783 shares of the stock traded hands, compared to its average volume of 1,798,437. JPMorgan Core Plus Bond ETF has a fifty-two week low of $45.49 and a fifty-two week high of $48.17. The company has a market cap of $13.76 billion, a price-to-earnings ratio of 60.35 and a beta of 0.26. The firm’s fifty day simple moving average is $46.26 and its two-hundred day simple moving average is $46.76.

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.