RDA Financial Network Grows Stock Holdings in JPMorgan Core Plus Bond ETF (BATS:JCPB)

RDA Financial Network boosted its stake in shares of JPMorgan Core Plus Bond ETF (BATS:JCPB) by 20.4% during the 4th quarter, HoldingsChannel reports. The institutional investor owned 5,706 shares of the company’s stock after purchasing an additional 968 shares during the quarter. RDA Financial Network’s holdings in JPMorgan Core Plus Bond ETF were worth $263,000 at the end of the most recent reporting period.

A number of other hedge funds also recently added to or reduced their stakes in JCPB. Contravisory Investment Management Inc. acquired a new position in shares of JPMorgan Core Plus Bond ETF during the 4th quarter worth $25,000. Moisand Fitzgerald Tamayo LLC purchased a new position in JPMorgan Core Plus Bond ETF during the 3rd quarter valued at about $30,000. Concourse Financial Group Securities Inc. acquired a new position in JPMorgan Core Plus Bond ETF during the third quarter worth about $30,000. Creative Financial Designs Inc. ADV purchased a new stake in shares of JPMorgan Core Plus Bond ETF in the third quarter valued at about $32,000. Finally, LGT Financial Advisors LLC grew its position in shares of 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 during the last quarter.

JPMorgan Core Plus Bond ETF Stock Performance

Shares of JCPB opened at $46.12 on Friday. The stock has a market cap of $2.97 billion, a PE ratio of 2.20 and a beta of 0.17. The stock’s fifty day simple moving average is $46.46 and its 200 day simple moving average is $47.07.

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.