Smallwood Wealth Investment Management LLC Acquires New Shares in JPMorgan Core Plus Bond ETF (BATS:JCPB)

Smallwood Wealth Investment Management LLC bought a new stake in JPMorgan Core Plus Bond ETF (BATS:JCPB) during the 4th quarter, Holdings Channel.com reports. The firm bought 9,249 shares of the company’s stock, valued at approximately $426,000.

Several other large investors have also added to or reduced their stakes in JCPB. Contravisory Investment Management Inc. acquired a new stake in shares of JPMorgan Core Plus Bond ETF in the 4th quarter valued at about $25,000. Moisand Fitzgerald Tamayo LLC bought a new stake in shares of JPMorgan Core Plus Bond ETF during the 3rd quarter worth $30,000. Concourse Financial Group Securities Inc. purchased a new position in JPMorgan Core Plus Bond ETF in the third quarter valued at about $30,000. Creative Financial Designs Inc. ADV purchased a new stake in JPMorgan Core Plus Bond ETF in the third quarter worth $32,000. Finally, LGT Financial Advisors LLC raised its stake in 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 acquiring an additional 824 shares during the period.

JPMorgan Core Plus Bond ETF Trading Up 1.2 %

BATS:JCPB opened at $46.13 on Friday. The stock’s 50-day moving average is $46.44 and its two-hundred day moving average is $47.08. The stock has a market capitalization of $2.97 billion, a P/E ratio of 2.20 and a beta of 0.17.

About JPMorgan Core Plus Bond ETF

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.