Capital Planning LLC Lowers Holdings in JPMorgan Core Plus Bond ETF (BATS:JCPB)

Capital Planning LLC cut its position in JPMorgan Core Plus Bond ETF (BATS:JCPB) by 20.8% in the fourth quarter, HoldingsChannel reports. The institutional investor owned 89,181 shares of the company’s stock after selling 23,416 shares during the period. JPMorgan Core Plus Bond ETF makes up 1.1% of Capital Planning LLC’s portfolio, making the stock its 24th biggest holding. Capital Planning LLC’s holdings in JPMorgan Core Plus Bond ETF were worth $4,126,000 at the end of the most recent reporting period.

A number of other institutional investors have also modified their holdings of the company. Legacy Wealth Management Inc boosted its holdings in JPMorgan Core Plus Bond ETF by 13.4% in the third quarter. Legacy Wealth Management Inc now owns 3,019,083 shares of the company’s stock valued at $145,641,000 after purchasing an additional 355,683 shares during the period. JPMorgan Chase & Co. boosted its holdings in JPMorgan Core Plus Bond ETF by 14.3% in the third quarter. JPMorgan Chase & Co. now owns 2,234,376 shares of the company’s stock valued at $107,786,000 after purchasing an additional 279,898 shares during the period. Janney Montgomery Scott LLC lifted its holdings in JPMorgan Core Plus Bond ETF by 21.8% during the 3rd quarter. Janney Montgomery Scott LLC now owns 1,650,938 shares of the company’s stock worth $79,641,000 after buying an additional 295,082 shares during the last quarter. Moss Adams Wealth Advisors LLC purchased a new stake in JPMorgan Core Plus Bond ETF during the 3rd quarter worth about $77,951,000. Finally, Grant Street Asset Management Inc. lifted its holdings in JPMorgan Core Plus Bond ETF by 6.7% during the 3rd quarter. Grant Street Asset Management Inc. now owns 1,528,095 shares of the company’s stock worth $73,715,000 after buying an additional 95,419 shares during the last quarter.

JPMorgan Core Plus Bond ETF Price Performance

Shares of BATS JCPB opened at $46.11 on Friday. The stock has a market cap of $2.97 billion, a P/E ratio of 2.20 and a beta of 0.17. The business’s 50-day simple moving average is $46.47 and its 200-day simple moving average is $47.07.

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.