Avantax Planning Partners Inc. Has $75.25 Million Holdings in JPMorgan Core Plus Bond ETF $JCPB

Avantax Planning Partners Inc. raised its position in shares of JPMorgan Core Plus Bond ETF (BATS:JCPB) by 75.4% in the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 1,582,620 shares of the company’s stock after acquiring an additional 680,141 shares during the period. JPMorgan Core Plus Bond ETF makes up approximately 2.2% of Avantax Planning Partners Inc.’s investment portfolio, making the stock its 11th largest position. Avantax Planning Partners Inc. owned about 1.08% of JPMorgan Core Plus Bond ETF worth $75,254,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently made changes to their positions in JCPB. Cullen Frost Bankers Inc. acquired a new stake in JPMorgan Core Plus Bond ETF during the 3rd quarter worth approximately $99,000. Sagespring Wealth Partners LLC acquired a new stake in shares of JPMorgan Core Plus Bond ETF during the third quarter worth $330,000. BAM Wealth Management LLC bought a new stake in shares of JPMorgan Core Plus Bond ETF in the third quarter valued at about $476,000. Edge Financial Advisors LLC acquired a new position in shares of JPMorgan Core Plus Bond ETF in the third quarter valued at about $307,000. Finally, Coordinated Financial Services Inc. grew its stake in shares of JPMorgan Core Plus Bond ETF by 2.6% in the third quarter. Coordinated Financial Services Inc. now owns 55,628 shares of the company’s stock valued at $2,645,000 after acquiring an additional 1,425 shares in the last quarter.

JPMorgan Core Plus Bond ETF Stock Performance

BATS:JCPB opened at $47.50 on Monday. JPMorgan Core Plus Bond ETF has a 52 week low of $45.51 and a 52 week high of $48.54. The firm’s 50-day simple moving average is $47.51 and its 200 day simple moving average is $47.37. The firm has a market cap of $6.98 billion, a price-to-earnings ratio of 60.35 and a beta of 0.24.

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.