Financial Connections Group Inc. Acquires 11,339 Shares of JPMorgan Core Plus Bond ETF $JCPB

Financial Connections Group Inc. lifted its holdings in shares of JPMorgan Core Plus Bond ETF (BATS:JCPB) by 4.9% during the 2nd quarter, according to its most recent disclosure with the SEC. The institutional investor owned 241,729 shares of the company’s stock after purchasing an additional 11,339 shares during the quarter. JPMorgan Core Plus Bond ETF comprises about 4.7% of Financial Connections Group Inc.’s holdings, making the stock its 7th biggest holding. Financial Connections Group Inc. owned about 0.16% of JPMorgan Core Plus Bond ETF worth $11,375,000 at the end of the most recent quarter.

Other hedge funds have also recently added to or reduced their stakes in the company. TruWealth Advisors LLC raised its holdings in JPMorgan Core Plus Bond ETF by 1.2% in the second quarter. TruWealth Advisors LLC now owns 96,712 shares of the company’s stock valued at $4,551,000 after acquiring an additional 1,186 shares in the last quarter. Cedar Point Capital Partners LLC increased its stake in JPMorgan Core Plus Bond ETF by 1.1% in the first quarter. Cedar Point Capital Partners LLC now owns 240,786 shares of the company’s stock valued at $11,327,000 after purchasing an additional 2,599 shares during the last quarter. Wealth Enhancement Advisory Services LLC increased its stake in JPMorgan Core Plus Bond ETF by 8.0% in the second quarter. Wealth Enhancement Advisory Services LLC now owns 255,602 shares of the company’s stock valued at $11,929,000 after purchasing an additional 18,962 shares during the last quarter. Steward Partners Investment Advisory LLC increased its stake in JPMorgan Core Plus Bond ETF by 40.7% in the first quarter. Steward Partners Investment Advisory LLC now owns 190,890 shares of the company’s stock valued at $8,979,000 after purchasing an additional 55,243 shares during the last quarter. Finally, James J. Burns & Company LLC increased its stake in JPMorgan Core Plus Bond ETF by 21.9% in the second quarter. James J. Burns & Company LLC now owns 71,642 shares of the company’s stock valued at $3,371,000 after purchasing an additional 12,848 shares during the last quarter.

JPMorgan Core Plus Bond ETF Stock Up 4.3%

Shares of JPMorgan Core Plus Bond ETF stock opened at $47.57 on Friday. The firm has a market capitalization of $6.99 billion, a P/E ratio of 60.35 and a beta of 0.24. JPMorgan Core Plus Bond ETF has a 52 week low of $45.51 and a 52 week high of $48.54. The firm’s 50 day moving average is $47.31 and its two-hundred day moving average is $46.78.

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.