JPMorgan Inflation Managed Bond ETF (NYSEARCA:JCPI) Sees Strong Trading Volume – Should You Buy?

JPMorgan Inflation Managed Bond ETF (NYSEARCA:JCPI) saw strong trading volume on Thursday . Approximately 34,437 shares changed hands during mid-day trading, a decline of 40% from the previous session’s volume of 57,604 shares.The stock last traded at $46.68 and had previously closed at $46.73.

JPMorgan Inflation Managed Bond ETF Stock Performance

The firm’s 50 day moving average is $47.41 and its two-hundred day moving average is $47.99.

Institutional Inflows and Outflows

A number of hedge funds have recently made changes to their positions in the stock. Capital Analysts LLC lifted its position in JPMorgan Inflation Managed Bond ETF by 102.6% in the second quarter. Capital Analysts LLC now owns 53,065 shares of the company’s stock worth $2,539,000 after purchasing an additional 26,871 shares during the period. Integrated Wealth Concepts LLC lifted its holdings in shares of JPMorgan Inflation Managed Bond ETF by 45.8% in the second quarter. Integrated Wealth Concepts LLC now owns 58,424 shares of the company’s stock valued at $2,796,000 after buying an additional 18,339 shares during the period. Ameritas Advisory Services LLC bought a new position in JPMorgan Inflation Managed Bond ETF during the second quarter valued at about $796,000. HB Wealth Management LLC boosted its stake in JPMorgan Inflation Managed Bond ETF by 1.6% during 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. Finally, Advisory Solutions Group LLC acquired a new position in JPMorgan Inflation Managed Bond ETF during the second quarter worth about $226,000.

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.