USAdvisors Wealth Management LLC Makes New $850,000 Investment in JPMorgan Core Plus Bond ETF $JCPB

USAdvisors Wealth Management LLC acquired a new position in shares of JPMorgan Core Plus Bond ETF (NYSEARCA:JCPB) in the 3rd quarter, Holdings Channel reports. The institutional investor acquired 18,996 shares of the company’s stock, valued at approximately $850,000.

Several other hedge funds have also recently bought and sold shares of the stock. Ellis Investment Partners LLC bought a new stake in shares of JPMorgan Core Plus Bond ETF in the 3rd quarter worth about $18,547,000. Fifth Third Securities Inc. acquired a new stake in shares of JPMorgan Core Plus Bond ETF during the 3rd quarter worth about $822,000. Sowell Financial Services LLC acquired a new stake in shares of JPMorgan Core Plus Bond ETF during the 3rd quarter worth about $1,680,000. Newman Dignan & Sheerar Inc. bought a new position in JPMorgan Core Plus Bond ETF during the 3rd quarter valued at about $12,607,000. Finally, Diversify Advisory Services LLC bought a new position in JPMorgan Core Plus Bond ETF during the 3rd quarter valued at about $1,300,000.

JPMorgan Core Plus Bond ETF Stock Up 0.0%

Shares of JCPB stock opened at $45.07 on Thursday. The company has a market capitalization of $16.16 billion, a P/E ratio of 60.35 and a beta of 0.26. JPMorgan Core Plus Bond ETF has a 12-month low of $44.40 and a 12-month high of $48.17. The firm has a 50-day moving average price of $45.49 and a 200 day moving average price of $46.29.

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.