JCPB Stock Summary and Trading Ideas (JPMorgan Core Plus Bond ETF | BATS:JCPB)

The Fund may principally invest in corporate bonds, U.S. treasury obligations and other U.S. government and agency securities and asset-backed, mortgage-related and mortgage-backed securities. The Fund also may invest in debt securities rated below investment grade (i.e., high yield or junk bonds) or the unrated equivalent, includ-ing from foreign and emerging markets. The investment seeks a high level of current income by investing primarily in a diversified portfolio of high-, medium- and low-grade debt securities. As a matter of non-fundamental policy, the fund will ordinarily invest at least 80% of its assets in bonds. The funds average weighted maturity will ordinarily range between five and twenty years.

JPMorgan Core Plus Bond ETF trades on the BATS stock market under the symbol JCPB.

As of April 24, 2024, JCPB stock price declined to $45.42 with 130,922 million shares trading.

JCPB has a beta of 0.31, meaning it tends to be less sensitive to market movements. JCPB has a correlation of 0.34 to the broad based SPY ETF.

JCPB has a market cap of $2.90 billion. This is considered a Mid Cap stock.

In the last 3 years, JCPB stock traded as high as $55.28 and as low as $43.47.

JCPB has underperformed the market in the last year with a return of +0.8%, while the SPY ETF gained +24.0%. In the last 3 month period, JCPB fell short of the market, returning -1.2%, while SPY returned +4.3%. However, in the most recent 2 weeks JCPB has outperformed the stock market by returning -1.6%, while SPY returned -2.9%.

JCPB support price is $45.40 and resistance is $45.72 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that JCPB stock will trade within this expected range on the day.