USAdvisors Wealth Management LLC Trims Position in JPMorgan Core Plus Bond ETF (BATS:JCPB)

USAdvisors Wealth Management LLC decreased its position in shares of JPMorgan Core Plus Bond ETF (BATS:JCPB) by 2.5% during the fourth quarter, Holdings Channel reports. The institutional investor owned 10,704 shares of the company’s stock after selling 271 shares during the period. USAdvisors Wealth Management LLC’s holdings in JPMorgan Core Plus Bond ETF were worth $493,000 at the end of the most recent reporting period.

Several other hedge funds also recently bought and sold shares of JCPB. Ascent Group LLC lifted its position in shares of JPMorgan Core Plus Bond ETF by 10.4% in the second quarter. Ascent Group LLC now owns 8,890 shares of the company’s stock valued at $412,000 after acquiring an additional 835 shares in the last quarter. Northwestern Mutual Wealth Management Co. raised its stake in JPMorgan Core Plus Bond ETF by 17.0% during the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 16,945 shares of the company’s stock valued at $785,000 after purchasing an additional 2,461 shares during the period. Truist Financial Corp lifted its holdings in JPMorgan Core Plus Bond ETF by 3.2% in the 2nd quarter. Truist Financial Corp now owns 380,131 shares of the company’s stock worth $17,611,000 after purchasing an additional 11,758 shares in the last quarter. Cetera Investment Advisers grew its holdings in JPMorgan Core Plus Bond ETF by 22.8% during the 2nd quarter. Cetera Investment Advisers now owns 529,789 shares of the company’s stock valued at $24,545,000 after buying an additional 98,402 shares in the last quarter. Finally, Sanctuary Advisors LLC bought a new stake in shares of JPMorgan Core Plus Bond ETF during the second quarter valued at approximately $1,251,000.

JPMorgan Core Plus Bond ETF Trading Up 1.7 %

Shares of BATS:JCPB opened at $46.40 on Thursday. The company has a market capitalization of $2.99 billion, a price-to-earnings ratio of 2.20 and a beta of 0.17. The stock’s fifty day moving average is $46.42 and its two-hundred day moving average is $47.07.

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.