Janus Henderson Mortgage-Backed Securities ETF (NYSEARCA:JMBS) Sets New 1-Year Low – What’s Next?

Janus Henderson Mortgage-Backed Securities ETF (NYSEARCA:JMBS)’s stock price reached a new 52-week low during mid-day trading on Tuesday. The company traded as low as $42.51 and last traded at $42.61, with a volume of 925905 shares changing hands. The stock had previously closed at $42.87.

Janus Henderson Mortgage-Backed Securities ETF Stock Down 0.5%

The firm’s fifty day moving average is $44.00 and its 200 day moving average is $44.74.

Hedge Funds Weigh In On Janus Henderson Mortgage-Backed Securities ETF

A number of institutional investors have recently made changes to their positions in the business. Envestnet Portfolio Solutions Inc. boosted its stake in Janus Henderson Mortgage-Backed Securities ETF by 1.2% during the 2nd quarter. Envestnet Portfolio Solutions Inc. now owns 23,489 shares of the company’s stock valued at $1,057,000 after purchasing an additional 268 shares during the period. Breakwater Capital Group increased its position in Janus Henderson Mortgage-Backed Securities ETF by 4.3% in the 1st quarter. Breakwater Capital Group now owns 10,062 shares of the company’s stock worth $455,000 after buying an additional 415 shares during the period. Assetmark Inc. increased its position in Janus Henderson Mortgage-Backed Securities ETF by 21.7% in the 1st quarter. Assetmark Inc. now owns 3,042 shares of the company’s stock worth $137,000 after buying an additional 543 shares during the period. Essex LLC increased its position in Janus Henderson Mortgage-Backed Securities ETF by 13.3% in the 1st quarter. Essex LLC now owns 5,585 shares of the company’s stock worth $252,000 after buying an additional 655 shares during the period. Finally, PNC Financial Services Group Inc. lifted its holdings in shares of Janus Henderson Mortgage-Backed Securities ETF by 0.4% during the first quarter. PNC Financial Services Group Inc. now owns 208,017 shares of the company’s stock worth $9,398,000 after buying an additional 750 shares during the last quarter.

About Janus Henderson Mortgage-Backed Securities ETF

The Janus Henderson Mortgage-Backed Securities ETF (JMBS) is an exchange-traded fund that is based on the Bloomberg U.S. MBS index. The fund is an actively managed fund of mortgage-backed securities. The fund seeks a high level of total return. JMBS was launched on Sep 12, 2018 and is managed by Janus Henderson.