Apollon Wealth Management LLC Has $7.07 Million Stake in JPMorgan Core Plus Bond ETF $JCPB

Apollon Wealth Management LLC increased its position in shares of JPMorgan Core Plus Bond ETF (BATS:JCPB) by 203.4% in the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 148,719 shares of the company’s stock after purchasing an additional 99,702 shares during the quarter. Apollon Wealth Management LLC owned 0.10% of JPMorgan Core Plus Bond ETF worth $7,072,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently made changes to their positions in the stock. CRA Financial Services LLC lifted its holdings in JPMorgan Core Plus Bond ETF by 7.9% during the third quarter. CRA Financial Services LLC now owns 22,226 shares of the company’s stock worth $1,057,000 after acquiring an additional 1,620 shares during the period. CWM LLC grew its stake in JPMorgan Core Plus Bond ETF by 84.3% during the third quarter. CWM LLC now owns 301,698 shares of the company’s stock valued at $14,346,000 after acquiring an additional 138,039 shares in the last quarter. Independent Wealth Network Inc. grew its stake in JPMorgan Core Plus Bond ETF by 26.8% in the 3rd quarter. Independent Wealth Network Inc. now owns 19,527 shares of the company’s stock worth $928,000 after buying an additional 4,132 shares in the last quarter. Norden Group LLC lifted its stake in JPMorgan Core Plus Bond ETF by 1.1% during the third quarter. Norden Group LLC now owns 30,096 shares of the company’s stock worth $1,431,000 after purchasing an additional 318 shares during the last quarter. Finally, World Investment Advisors increased its position in shares of JPMorgan Core Plus Bond ETF by 172.3% during the 3rd quarter. World Investment Advisors now owns 86,782 shares of the company’s stock valued at $4,126,000 after purchasing an additional 54,910 shares during the last quarter.

JPMorgan Core Plus Bond ETF Stock Performance

Shares of JCPB opened at $47.61 on Monday. The firm’s 50-day simple moving average is $47.60 and its two-hundred day simple moving average is $47.26. JPMorgan Core Plus Bond ETF has a fifty-two week low of $45.51 and a fifty-two week high of $48.54. The stock has a market cap of $6.99 billion, a PE ratio of 60.35 and a beta of 0.24.

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.