Legacy Wealth Management Inc Raises Stock Position in JPMorgan Core Plus Bond ETF $JCPB

Legacy Wealth Management Inc boosted its position in JPMorgan Core Plus Bond ETF (BATS:JCPB) by 7.0% in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 3,546,974 shares of the company’s stock after purchasing an additional 232,040 shares during the period. JPMorgan Core Plus Bond ETF makes up approximately 9.9% of Legacy Wealth Management Inc’s investment portfolio, making the stock its 4th biggest holding. Legacy Wealth Management Inc owned approximately 2.41% of JPMorgan Core Plus Bond ETF worth $168,659,000 at the end of the most recent quarter.

A number of other hedge funds have also recently modified their holdings of the business. Ancora Advisors LLC bought a new stake in shares of JPMorgan Core Plus Bond ETF during the 1st quarter worth approximately $26,000. Parkworth Wealth Management Inc. purchased a new stake in JPMorgan Core Plus Bond ETF in the second quarter worth $29,000. Total Investment Management Inc. bought a new stake in shares of JPMorgan Core Plus Bond ETF during the second quarter worth $37,000. Elevation Point Wealth Partners LLC bought a new stake in shares of JPMorgan Core Plus Bond ETF during the second quarter worth $57,000. Finally, Glass Jacobson Investment Advisors llc purchased a new stake in shares of JPMorgan Core Plus Bond ETF during the second quarter valued at $102,000.

JPMorgan Core Plus Bond ETF Trading Up 4.2%

BATS JCPB opened at $47.50 on Friday. The stock has a market cap of $6.98 billion, a PE ratio of 60.35 and a beta of 0.24. JPMorgan Core Plus Bond ETF has a 12 month low of $45.51 and a 12 month high of $48.54. The company’s 50-day moving average price is $47.60 and its 200-day moving average price is $47.20.

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.