New Wave Wealth Advisors LLC Trims Stake in JPMorgan Core Plus Bond ETF (BATS:JCPB)

New Wave Wealth Advisors LLC lessened its holdings in JPMorgan Core Plus Bond ETF (BATS:JCPB) by 40.0% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 3,122 shares of the company’s stock after selling 2,083 shares during the period. New Wave Wealth Advisors LLC’s holdings in JPMorgan Core Plus Bond ETF were worth $144,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds have also modified their holdings of the business. Legacy Wealth Management Inc lifted its position in JPMorgan Core Plus Bond ETF by 5.4% in the fourth quarter. Legacy Wealth Management Inc now owns 3,181,469 shares of the company’s stock valued at $146,570,000 after buying an additional 162,386 shares during the last quarter. JPMorgan Chase & Co. raised its stake in shares of JPMorgan Core Plus Bond ETF by 14.3% in the 3rd quarter. JPMorgan Chase & Co. now owns 2,234,376 shares of the company’s stock valued at $107,786,000 after acquiring an additional 279,898 shares during the period. Janney Montgomery Scott LLC lifted its holdings in shares of JPMorgan Core Plus Bond ETF by 16.8% in the 4th quarter. Janney Montgomery Scott LLC now owns 1,928,429 shares of the company’s stock worth $88,843,000 after acquiring an additional 277,491 shares during the last quarter. Moss Adams Wealth Advisors LLC boosted its position in shares of JPMorgan Core Plus Bond ETF by 15.7% during the 4th quarter. Moss Adams Wealth Advisors LLC now owns 1,869,799 shares of the company’s stock worth $86,377,000 after purchasing an additional 253,902 shares during the period. Finally, Grant Street Asset Management Inc. increased its holdings in JPMorgan Core Plus Bond ETF by 6.7% in the 3rd quarter. Grant Street Asset Management Inc. now owns 1,528,095 shares of the company’s stock valued at $73,715,000 after purchasing an additional 95,419 shares during the last quarter.

JPMorgan Core Plus Bond ETF Trading Up 1.7 %

Shares of BATS JCPB opened at $46.38 on Friday. The firm has a 50-day moving average price of $46.42 and a 200 day moving average price of $47.06. The stock has a market capitalization of $2.99 billion, a price-to-earnings 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.