Ocean Park Asset Management LLC Invests $29.21 Million in JPMorgan Core Plus Bond ETF $JCPB

Ocean Park Asset Management LLC acquired a new stake in shares of JPMorgan Core Plus Bond ETF (BATS:JCPB) during the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The firm acquired 622,400 shares of the company’s stock, valued at approximately $29,215,000. JPMorgan Core Plus Bond ETF makes up approximately 1.4% of Ocean Park Asset Management LLC’s holdings, making the stock its 17th biggest position. Ocean Park Asset Management LLC owned 0.42% of JPMorgan Core Plus Bond ETF at the end of the most recent quarter.

Other hedge funds also recently made changes to their positions in the company. Wealthcare Advisory Partners LLC grew its position in JPMorgan Core Plus Bond ETF by 5.6% in the second quarter. Wealthcare Advisory Partners LLC now owns 54,315 shares of the company’s stock worth $2,550,000 after acquiring an additional 2,863 shares in the last quarter. Legacy Wealth Management LLC raised its position in JPMorgan Core Plus Bond ETF by 4.9% during the second quarter. Legacy Wealth Management LLC now owns 4,057,660 shares of the company’s stock valued at $190,467,000 after purchasing an additional 190,026 shares in the last quarter. Valeo Financial Advisors LLC lifted its stake in JPMorgan Core Plus Bond ETF by 7.6% during the second quarter. Valeo Financial Advisors LLC now owns 3,126,531 shares of the company’s stock worth $138,113,000 after purchasing an additional 220,479 shares during the last quarter. Sprinkle Financial Consultants LLC lifted its stake in JPMorgan Core Plus Bond ETF by 14.6% during the second quarter. Sprinkle Financial Consultants LLC now owns 255,479 shares of the company’s stock worth $11,992,000 after purchasing an additional 32,455 shares during the last quarter. Finally, First Heartland Consultants Inc. lifted its stake in JPMorgan Core Plus Bond ETF by 26.0% during the second quarter. First Heartland Consultants Inc. now owns 14,402 shares of the company’s stock worth $676,000 after purchasing an additional 2,972 shares during the last quarter.

JPMorgan Core Plus Bond ETF Trading Up 0.1%

JCPB opened at $46.16 on Wednesday. The stock has a market capitalization of $6.78 billion, a P/E ratio of 60.35 and a beta of 0.24. The stock has a 50-day moving average price of $46.56 and a 200-day moving average price of $46.99. JPMorgan Core Plus Bond ETF has a 12-month low of $46.04 and a 12-month high of $48.17.

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.