MidAtlantic Capital Management Inc. Invests $683,000 in JPMorgan Short Duration Core Plus ETF (NYSEARCA:JSCP)

MidAtlantic Capital Management Inc. bought a new position in shares of JPMorgan Short Duration Core Plus ETF (NYSEARCA:JSCP) during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm bought 14,378 shares of the company’s stock, valued at approximately $683,000.

A number of other hedge funds have also modified their holdings of JSCP. Wealth Enhancement Advisory Services LLC purchased a new position in shares of JPMorgan Short Duration Core Plus ETF during the second quarter worth approximately $31,409,000. EP Wealth Advisors LLC grew its position in shares of JPMorgan Short Duration Core Plus ETF by 14.1% during the second quarter. EP Wealth Advisors LLC now owns 1,082,805 shares of the company’s stock worth $50,230,000 after acquiring an additional 133,570 shares during the last quarter. Waverly Advisors LLC purchased a new position in shares of JPMorgan Short Duration Core Plus ETF during the first quarter worth approximately $4,688,000. CWM LLC grew its position in shares of JPMorgan Short Duration Core Plus ETF by 114.0% during the third quarter. CWM LLC now owns 153,297 shares of the company’s stock worth $7,285,000 after acquiring an additional 81,654 shares during the last quarter. Finally, Bridgewealth Advisory Group LLC grew its position in shares of JPMorgan Short Duration Core Plus ETF by 38.0% during the second quarter. Bridgewealth Advisory Group LLC now owns 233,897 shares of the company’s stock worth $10,850,000 after acquiring an additional 64,443 shares during the last quarter.

JPMorgan Short Duration Core Plus ETF Price Performance

NYSEARCA:JSCP opened at $46.74 on Monday. The firm’s fifty day moving average price is $47.15 and its 200 day moving average price is $46.79. JPMorgan Short Duration Core Plus ETF has a 1-year low of $45.56 and a 1-year high of $47.64. The firm has a market cap of $425.80 million, a price-to-earnings ratio of 7.97 and a beta of 0.06.

JPMorgan Short Duration Core Plus ETF Company Profile

The JPMorgan Short Duration Core Plus ETF (JSCP) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund is an actively managed fund that invests in a portfolio of global fixed income securities of varying credit quality, and aims for a duration of three years or less. JSCP was launched on Mar 1, 2021 and is managed by JPMorgan Chase.