Cedar Point Capital Partners LLC Raises Position in JPMorgan Core Plus Bond ETF (BATS:JCPB)

Cedar Point Capital Partners LLC grew its position in shares of JPMorgan Core Plus Bond ETF (BATS:JCPB) by 15.2% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 238,187 shares of the company’s stock after buying an additional 31,480 shares during the quarter. JPMorgan Core Plus Bond ETF makes up about 7.4% of Cedar Point Capital Partners LLC’s investment portfolio, making the stock its biggest position. Cedar Point Capital Partners LLC owned 0.37% of JPMorgan Core Plus Bond ETF worth $10,973,000 at the end of the most recent reporting period.

A number of other large investors also recently modified their holdings of the stock. Contravisory Investment Management Inc. acquired a new position in JPMorgan Core Plus Bond ETF in the fourth quarter valued at approximately $25,000. Moisand Fitzgerald Tamayo LLC bought a new stake in JPMorgan Core Plus Bond ETF in the third quarter valued at approximately $30,000. Concourse Financial Group Securities Inc. bought a new stake in JPMorgan Core Plus Bond ETF in the third quarter valued at approximately $30,000. Creative Financial Designs Inc. ADV bought a new stake in JPMorgan Core Plus Bond ETF in the third quarter valued at approximately $32,000. Finally, LGT Financial Advisors LLC increased its stake in JPMorgan Core Plus Bond ETF by 109.4% in the third quarter. LGT Financial Advisors LLC now owns 1,577 shares of the company’s stock valued at $76,000 after purchasing an additional 824 shares in the last quarter.

JPMorgan Core Plus Bond ETF Price Performance

Shares of JCPB stock opened at $46.09 on Thursday. The stock’s 50-day moving average is $46.44 and its two-hundred day moving average is $47.08. The company has a market capitalization of $2.97 billion, a P/E ratio of 2.20 and a beta of 0.17.

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.