BankPlus Wealth Management LLC Makes New Investment in JPMorgan Core Plus Bond ETF (BATS:JCPB)

BankPlus Wealth Management LLC purchased a new stake in shares of JPMorgan Core Plus Bond ETF (BATS:JCPB) in the fourth quarter, according to its most recent 13F filing with the SEC. The fund purchased 222,210 shares of the company’s stock, valued at approximately $10,237,000. JPMorgan Core Plus Bond ETF makes up 7.6% of BankPlus Wealth Management LLC’s investment portfolio, making the stock its 2nd largest position. BankPlus Wealth Management LLC owned approximately 0.35% of JPMorgan Core Plus Bond ETF at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in the business. Contravisory Investment Management Inc. bought a new position in shares of JPMorgan Core Plus Bond ETF during the 4th quarter valued at about $25,000. Concourse Financial Group Securities Inc. bought a new position in JPMorgan Core Plus Bond ETF during the third quarter valued at approximately $30,000. Moisand Fitzgerald Tamayo LLC purchased a new position in shares of JPMorgan Core Plus Bond ETF during the third quarter worth approximately $30,000. Creative Financial Designs Inc. ADV bought a new stake in shares of JPMorgan Core Plus Bond ETF in the 3rd quarter worth approximately $32,000. Finally, LGT Financial Advisors LLC boosted its stake in shares of JPMorgan Core Plus Bond ETF by 109.4% in the 3rd 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 Stock Performance

Shares of BATS:JCPB opened at $46.41 on Tuesday. The stock has a market cap of $2.99 billion, a PE ratio of 2.20 and a beta of 0.17. The stock has a 50 day simple moving average of $46.42 and a two-hundred day simple moving average of $47.08.

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.