PNC Financial Services Group Inc. Increases Stake in JPMorgan Short Duration Core Plus ETF (NYSEARCA:JSCP)

PNC Financial Services Group Inc. raised its holdings in shares of JPMorgan Short Duration Core Plus ETF (NYSEARCA:JSCP) by 227.3% in the fourth quarter, Holdings Channel.com reports. The institutional investor owned 1,964 shares of the company’s stock after purchasing an additional 1,364 shares during the quarter. PNC Financial Services Group Inc.’s holdings in JPMorgan Short Duration Core Plus ETF were worth $92,000 at the end of the most recent reporting period.

A number of other hedge funds have also modified their holdings of JSCP. Raymond James Financial Inc. purchased a new position in shares of JPMorgan Short Duration Core Plus ETF during the 4th quarter worth $1,415,000. Jones Financial Companies Lllp raised its holdings in JPMorgan Short Duration Core Plus ETF by 352.9% in the fourth quarter. Jones Financial Companies Lllp now owns 8,692 shares of the company’s stock valued at $405,000 after acquiring an additional 6,773 shares in the last quarter. Noesis Capital Mangement Corp grew its holdings in JPMorgan Short Duration Core Plus ETF by 3.9% during the 4th quarter. Noesis Capital Mangement Corp now owns 65,471 shares of the company’s stock worth $3,053,000 after acquiring an additional 2,480 shares in the last quarter. TD Capital Management LLC raised its holdings in shares of JPMorgan Short Duration Core Plus ETF by 716.7% in the 4th quarter. TD Capital Management LLC now owns 79,188 shares of the company’s stock valued at $3,693,000 after purchasing an additional 69,492 shares in the last quarter. Finally, BCGM Wealth Management LLC purchased a new stake in shares of JPMorgan Short Duration Core Plus ETF during the 4th quarter worth $944,000.

JPMorgan Short Duration Core Plus ETF Price Performance

NYSEARCA:JSCP opened at $47.11 on Wednesday. JPMorgan Short Duration Core Plus ETF has a 12 month low of $45.76 and a 12 month high of $47.64. The firm has a market capitalization of $628.92 million, a PE ratio of 8.15 and a beta of 0.14. The business’s fifty day moving average price is $46.92 and its 200 day moving average price is $46.95.

JPMorgan Short Duration Core Plus ETF 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.