Valeo Financial Advisors LLC Acquires New Shares in JPMorgan Core Plus Bond ETF $JCPB

Valeo Financial Advisors LLC bought a new position in JPMorgan Core Plus Bond ETF (NYSEARCA:JCPB) during the 3rd quarter, Holdings Channel.com reports. The fund bought 3,303,877 shares of the company’s stock, valued at approximately $140,086,000. JPMorgan Core Plus Bond ETF makes up approximately 3.2% of Valeo Financial Advisors LLC’s holdings, making the stock its 9th biggest holding.

A number of other hedge funds and other institutional investors have also recently modified their holdings of JCPB. Peterson Wealth Advisors LLC bought a new position in shares of JPMorgan Core Plus Bond ETF during the 3rd quarter valued at about $22,169,000. Venture Visionary Partners LLC purchased a new position in shares of JPMorgan Core Plus Bond ETF during the third quarter valued at about $913,000. Elm3 Financial Group LLC bought a new stake in shares of JPMorgan Core Plus Bond ETF in the third quarter worth about $438,000. Stewardship Concepts Financial Services LLC bought a new stake in shares of JPMorgan Core Plus Bond ETF in the third quarter worth about $4,429,000. Finally, Boyum Wealth Architects LLC purchased a new stake in shares of JPMorgan Core Plus Bond ETF in the third quarter worth about $2,307,000.

JPMorgan Core Plus Bond ETF Stock Up 0.3%

JPMorgan Core Plus Bond ETF stock traded up $0.14 during midday trading on Thursday, reaching $44.77. 1,926,514 shares of the stock traded hands, compared to its average volume of 2,030,349. The stock has a market cap of $15.31 billion, a P/E ratio of 60.35 and a beta of 0.26. The stock’s fifty day moving average is $45.74 and its 200-day moving average is $46.43. JPMorgan Core Plus Bond ETF has a 12 month low of $44.40 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.