JPMorgan Inflation Managed Bond ETF (BATS:JCPI – Get Free Report)’s stock price reached a new 52-week low during mid-day trading on Tuesday . The stock traded as low as $47.17 and last traded at $47.17, with a volume of 2876 shares. The stock had previously closed at $47.29.
JPMorgan Inflation Managed Bond ETF Price Performance
The business’s 50-day moving average is $47.60 and its two-hundred day moving average is $48.13.
Institutional Inflows and Outflows
A number of institutional investors have recently bought and sold shares of the stock. Ameritas Advisory Services LLC acquired a new stake in shares of JPMorgan Inflation Managed Bond ETF in the 2nd quarter valued at about $796,000. HB Wealth Management LLC grew its stake in shares of JPMorgan Inflation Managed Bond ETF by 1.6% in the second quarter. HB Wealth Management LLC now owns 58,735 shares of the company’s stock valued at $3,124,000 after buying an additional 921 shares in the last quarter. Advisory Solutions Group LLC acquired a new position in JPMorgan Inflation Managed Bond ETF during the second quarter worth $226,000. Concurrent Investment Advisors LLC raised its position in JPMorgan Inflation Managed Bond ETF by 37.5% during the second quarter. Concurrent Investment Advisors LLC now owns 17,720 shares of the company’s stock worth $943,000 after acquiring an additional 4,834 shares in the last quarter. Finally, Ocean Park Asset Management LLC acquired a new stake in JPMorgan Inflation Managed Bond ETF in the second quarter valued at $3,182,000.
JPMorgan Inflation Managed Bond ETF Company Profile
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.
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