Townsquare Capital LLC Makes New $5.03 Million Investment in JPMorgan Core Plus Bond ETF (BATS:JCPB)

Townsquare Capital LLC bought a new stake in JPMorgan Core Plus Bond ETF (BATS:JCPB) during the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm bought 104,190 shares of the company’s stock, valued at approximately $5,026,000. Townsquare Capital LLC owned 0.16% of JPMorgan Core Plus Bond ETF at the end of the most recent quarter.

A number of other hedge funds have also made changes to their positions in the business. Cetera Investment Advisers raised its position in JPMorgan Core Plus Bond ETF by 563.2% in the first quarter. Cetera Investment Advisers now owns 431,387 shares of the company’s stock valued at $20,122,000 after purchasing an additional 366,344 shares during the period. Cetera Advisors LLC raised its holdings in shares of JPMorgan Core Plus Bond ETF by 87.2% during the 1st quarter. Cetera Advisors LLC now owns 226,199 shares of the company’s stock valued at $10,551,000 after buying an additional 105,352 shares during the period. Transcend Capital Advisors LLC raised its holdings in shares of JPMorgan Core Plus Bond ETF by 24.9% during the 2nd quarter. Transcend Capital Advisors LLC now owns 12,245 shares of the company’s stock valued at $567,000 after buying an additional 2,439 shares during the period. Mather Group LLC. lifted its position in JPMorgan Core Plus Bond ETF by 4.6% during the 2nd quarter. Mather Group LLC. now owns 127,453 shares of the company’s stock worth $5,945,000 after acquiring an additional 5,557 shares in the last quarter. Finally, CWM LLC boosted its holdings in JPMorgan Core Plus Bond ETF by 484.8% in the 2nd quarter. CWM LLC now owns 17,759 shares of the company’s stock worth $823,000 after acquiring an additional 14,722 shares during the period.

JPMorgan Core Plus Bond ETF Price Performance

Shares of BATS:JCPB opened at $47.05 on Friday. The firm has a market capitalization of $3.03 billion, a P/E ratio of 2.20 and a beta of 0.17. The firm has a 50-day moving average price of $47.18 and a 200 day moving average price of $47.04.

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.