McCarthy & Cox Trims Holdings in JPMorgan Core Plus Bond ETF (BATS:JCPB)

McCarthy & Cox decreased its stake in shares of JPMorgan Core Plus Bond ETF (BATS:JCPB) by 6.2% in the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 567,628 shares of the company’s stock after selling 37,639 shares during the quarter. JPMorgan Core Plus Bond ETF comprises about 9.1% of McCarthy & Cox’s portfolio, making the stock its 2nd largest holding. McCarthy & Cox owned approximately 0.88% of JPMorgan Core Plus Bond ETF worth $26,151,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. M.E. Allison & CO. Inc. bought a new position in JPMorgan Core Plus Bond ETF during the fourth quarter valued at approximately $232,000. Diversify Wealth Management LLC purchased a new stake in shares of JPMorgan Core Plus Bond ETF during the 4th quarter worth approximately $394,000. Client 1ST Advisory Group LLC bought a new position in shares of JPMorgan Core Plus Bond ETF during the 4th quarter valued at approximately $255,000. Brady Martz Wealth Solutions LLC purchased a new position in shares of JPMorgan Core Plus Bond ETF in the fourth quarter valued at $422,000. Finally, Arbor Trust Wealth Advisors LLC increased its position in JPMorgan Core Plus Bond ETF by 108.0% in the fourth quarter. Arbor Trust Wealth Advisors LLC now owns 221,972 shares of the company’s stock worth $10,270,000 after purchasing an additional 115,261 shares during the last quarter.

JPMorgan Core Plus Bond ETF Stock Up 1.1 %

JCPB stock opened at $46.12 on Monday. The company has a market capitalization of $2.97 billion, a price-to-earnings ratio of 2.20 and a beta of 0.17. The company’s 50 day simple moving average is $46.46 and its two-hundred day simple moving average is $47.09.

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.