Financial Connections Group Inc. Buys 12,535 Shares of JPMorgan Core Plus Bond ETF $JCPB

Financial Connections Group Inc. raised its stake in shares of JPMorgan Core Plus Bond ETF (BATS:JCPB) by 3.8% in the first quarter, HoldingsChannel.com reports. The institutional investor owned 345,985 shares of the company’s stock after acquiring an additional 12,535 shares during the period. JPMorgan Core Plus Bond ETF comprises about 5.7% of Financial Connections Group Inc.’s investment portfolio, making the stock its 4th biggest position. Financial Connections Group Inc.’s holdings in JPMorgan Core Plus Bond ETF were worth $16,288,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also modified their holdings of the stock. Mascoma Wealth Management LLC grew its holdings in JPMorgan Core Plus Bond ETF by 14.8% during the first quarter. Mascoma Wealth Management LLC now owns 561,371 shares of the company’s stock worth $26,429,000 after acquiring an additional 72,416 shares during the period. Torren Management LLC purchased a new position in JPMorgan Core Plus Bond ETF during the first quarter valued at approximately $37,000. Money Concepts Capital Corp lifted its holdings in JPMorgan Core Plus Bond ETF by 104.1% in the first quarter. Money Concepts Capital Corp now owns 152,155 shares of the company’s stock valued at $7,163,000 after acquiring an additional 77,614 shares during the period. Base Wealth Management LLC lifted its holdings in JPMorgan Core Plus Bond ETF by 28.5% in the first quarter. Base Wealth Management LLC now owns 152,342 shares of the company’s stock valued at $7,172,000 after acquiring an additional 33,801 shares during the period. Finally, WealthPLAN Partners LLC boosted its position in JPMorgan Core Plus Bond ETF by 249.0% in the 1st quarter. WealthPLAN Partners LLC now owns 50,583 shares of the company’s stock worth $2,381,000 after purchasing an additional 36,091 shares in the last quarter.

JPMorgan Core Plus Bond ETF Price Performance

Shares of BATS JCPB opened at $46.52 on Friday. The stock has a market capitalization of $6.83 billion, a price-to-earnings ratio of 60.35 and a beta of 0.24. JPMorgan Core Plus Bond ETF has a 12 month low of $46.21 and a 12 month high of $48.17. The firm’s 50 day simple moving average is $46.76 and its 200-day simple moving average is $47.18.

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.