Private Advisor Group LLC Increases Stock Holdings in JPMorgan Inflation Managed Bond ETF $JCPI

Private Advisor Group LLC raised its position in shares of JPMorgan Inflation Managed Bond ETF (BATS:JCPI) by 44.8% in the first quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 101,631 shares of the company’s stock after purchasing an additional 31,431 shares during the quarter. Private Advisor Group LLC’s holdings in JPMorgan Inflation Managed Bond ETF were worth $4,917,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently made changes to their positions in the company. International Assets Investment Management LLC bought a new position in shares of JPMorgan Inflation Managed Bond ETF in the 4th quarter worth approximately $25,000. Royal Bank of Canada grew its position in JPMorgan Inflation Managed Bond ETF by 206.7% during the fourth quarter. Royal Bank of Canada now owns 1,009 shares of the company’s stock valued at $49,000 after buying an additional 680 shares during the period. Citadel Advisors LLC purchased a new stake in JPMorgan Inflation Managed Bond ETF during the third quarter valued at approximately $275,000. Prism Advisors Inc. purchased a new stake in JPMorgan Inflation Managed Bond ETF during the first quarter valued at approximately $320,000. Finally, Integrated Wealth Concepts LLC bought a new position in JPMorgan Inflation Managed Bond ETF in the first quarter worth approximately $395,000.

JPMorgan Inflation Managed Bond ETF Trading Down 0.4%

Shares of JPMorgan Inflation Managed Bond ETF stock opened at $47.70 on Wednesday. JPMorgan Inflation Managed Bond ETF has a 1-year low of $47.63 and a 1-year high of $50.95. The company’s fifty day simple moving average is $48.21 and its 200-day simple moving average is $48.35.

About JPMorgan Inflation Managed Bond ETF

The JPMorgan Inflation Managed Bond ETF (JCPI) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund aims to protect total return by holding a broad portfolio of US investment-grade bonds that is equivalent to those of inflation-protected securities. The actively managed fund makes use of swaps to hedge inflation risk. JCPI was launched on Mar 31, 2010 and is managed by JPMorgan Chase.