JPMorgan Core Plus Bond ETF (NYSEARCA:JCPB) Sees Large Volume Increase – Here’s Why

Shares of JPMorgan Core Plus Bond ETF (NYSEARCA:JCPB) saw an uptick in trading volume on Friday. 4,412,448 shares traded hands during mid-day trading, an increase of 138% from the previous session’s volume of 1,855,633 shares. The stock last traded at $44.9410 and had previously closed at $44.98.

JPMorgan Core Plus Bond ETF Trading Down 0.0%

The company has a market capitalization of $14.79 billion, a P/E ratio of 60.35 and a beta of 0.26. The company has a 50 day moving average price of $46.03 and a 200 day moving average price of $46.59.

Hedge Funds Weigh In On JPMorgan Core Plus Bond ETF

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Stonehearth Capital Management LLC lifted its holdings in shares of JPMorgan Core Plus Bond ETF by 4.6% in the 1st quarter. Stonehearth Capital Management LLC now owns 7,576 shares of the company’s stock worth $357,000 after purchasing an additional 331 shares in the last quarter. Kingsview Wealth Management LLC raised its position in JPMorgan Core Plus Bond ETF by 1.4% in the 4th quarter. Kingsview Wealth Management LLC now owns 25,945 shares of the company’s stock valued at $1,228,000 after buying an additional 350 shares during the last quarter. Etesian Wealth Advisors Inc. lifted its position in shares of JPMorgan Core Plus Bond ETF by 1.0% during the fourth quarter. Etesian Wealth Advisors Inc. now owns 44,830 shares of the company’s stock valued at $2,123,000 after purchasing an additional 437 shares in the last quarter. Nolet Wealth Management LLC lifted its position in shares of JPMorgan Core Plus Bond ETF by 1.8% during the 2nd quarter. Nolet Wealth Management LLC now owns 28,444 shares of the company’s stock worth $1,335,000 after buying an additional 501 shares in the last quarter. Finally, First Citizens Financial Corp boosted its position in JPMorgan Core Plus Bond ETF by 2.9% in the second quarter. First Citizens Financial Corp now owns 21,561 shares of the company’s stock worth $1,012,000 after purchasing an additional 600 shares during the last quarter.

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.