M.E. Allison & CO. Inc. Buys New Position in JPMorgan Core Plus Bond ETF (BATS:JCPB)

M.E. Allison & CO. Inc. acquired a new stake in shares of JPMorgan Core Plus Bond ETF (BATS:JCPB) in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor acquired 5,025 shares of the company’s stock, valued at approximately $232,000.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Contravisory Investment Management Inc. purchased a new stake in JPMorgan Core Plus Bond ETF during the 4th quarter valued at approximately $25,000. Moisand Fitzgerald Tamayo LLC purchased a new stake in JPMorgan Core Plus Bond ETF during the 3rd quarter valued at approximately $30,000. Concourse Financial Group Securities Inc. purchased a new stake in JPMorgan Core Plus Bond ETF during the 3rd quarter valued at approximately $30,000. Creative Financial Designs Inc. ADV purchased a new stake in JPMorgan Core Plus Bond ETF during the 3rd quarter valued at approximately $32,000. Finally, LGT Financial Advisors LLC raised its stake in JPMorgan Core Plus Bond ETF by 109.4% during the 3rd quarter. LGT Financial Advisors LLC now owns 1,577 shares of the company’s stock valued at $76,000 after acquiring an additional 824 shares during the last quarter.

JPMorgan Core Plus Bond ETF Trading Up 1.1 %

JCPB opened at $46.12 on Monday. The firm’s 50 day moving average is $46.46 and its 200 day moving average is $47.09. The stock has a market cap of $2.97 billion, a P/E ratio of 2.20 and a beta of 0.17.

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.