SNS Financial Group LLC Buys Shares of 518,013 JPMorgan Core Plus Bond ETF $JCPB

SNS Financial Group LLC bought a new stake in JPMorgan Core Plus Bond ETF (BATS:JCPB) in the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund bought 518,013 shares of the company’s stock, valued at approximately $24,378,000. JPMorgan Core Plus Bond ETF comprises approximately 2.3% of SNS Financial Group LLC’s portfolio, making the stock its 14th biggest holding. SNS Financial Group LLC owned about 0.35% of JPMorgan Core Plus Bond ETF at the end of the most recent quarter.

A number of other institutional investors have also recently added to or reduced their stakes in JCPB. World Investment Advisors acquired a new stake in JPMorgan Core Plus Bond ETF in the first quarter valued at approximately $1,488,000. Bank of New York Mellon Corp lifted its stake in JPMorgan Core Plus Bond ETF by 343.4% in the first quarter. Bank of New York Mellon Corp now owns 28,823 shares of the company’s stock valued at $1,356,000 after acquiring an additional 22,322 shares during the last quarter. Envestnet Asset Management Inc. lifted its stake in JPMorgan Core Plus Bond ETF by 24.2% in the first quarter. Envestnet Asset Management Inc. now owns 1,303,487 shares of the company’s stock valued at $61,316,000 after acquiring an additional 253,882 shares during the last quarter. Brown Advisory Inc. acquired a new stake in shares of JPMorgan Core Plus Bond ETF in the first quarter worth $720,000. Finally, Valeo Financial Advisors LLC lifted its stake in shares of JPMorgan Core Plus Bond ETF by 37.2% in the first quarter. Valeo Financial Advisors LLC now owns 2,034,162 shares of the company’s stock worth $87,631,000 after buying an additional 551,660 shares during the last quarter.

JPMorgan Core Plus Bond ETF Trading Up 4.1%

Shares of JPMorgan Core Plus Bond ETF stock opened at $47.46 on Wednesday. JPMorgan Core Plus Bond ETF has a 1-year low of $45.51 and a 1-year high of $48.54. The firm has a fifty day simple moving average of $47.57 and a 200-day simple moving average of $46.94. The stock has a market capitalization of $6.97 billion, a price-to-earnings ratio of 60.35 and a beta of 0.24.

JPMorgan Core Plus Bond ETF 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.