Sage Rhino Capital LLC Cuts Stock Position in JPMorgan Inflation Managed Bond ETF $JCPI

Sage Rhino Capital LLC lessened its position in shares of JPMorgan Inflation Managed Bond ETF (BATS:JCPI) by 79.2% in the 1st quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 12,552 shares of the company’s stock after selling 47,727 shares during the quarter. Sage Rhino Capital LLC’s holdings in JPMorgan Inflation Managed Bond ETF were worth $607,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently bought and sold shares of JCPI. AE Wealth Management LLC boosted its position in shares of JPMorgan Inflation Managed Bond ETF by 69.1% in the 4th quarter. AE Wealth Management LLC now owns 86,628 shares of the company’s stock worth $4,175,000 after purchasing an additional 35,406 shares in the last quarter. Avior Wealth Management LLC increased its position in JPMorgan Inflation Managed Bond ETF by 589.8% during the 4th quarter. Avior Wealth Management LLC now owns 95,847 shares of the company’s stock valued at $4,619,000 after buying an additional 81,953 shares in the last quarter. CWM LLC raised its stake in JPMorgan Inflation Managed Bond ETF by 1,998.9% in the fourth quarter. CWM LLC now owns 11,061 shares of the company’s stock valued at $533,000 after buying an additional 10,534 shares during the last quarter. Kavar Capital Partners Group LLC purchased a new stake in JPMorgan Inflation Managed Bond ETF in the first quarter valued at about $1,129,000. Finally, Systelligence LLC acquired a new stake in JPMorgan Inflation Managed Bond ETF in the first quarter worth about $4,781,000.

JPMorgan Inflation Managed Bond ETF Price Performance

BATS JCPI traded down $0.13 during trading on Tuesday, hitting $47.74. The company’s stock had a trading volume of 8,756 shares, compared to its average volume of 55,975. JPMorgan Inflation Managed Bond ETF has a fifty-two week low of $47.63 and a fifty-two week high of $50.95. The business’s 50 day simple moving average is $48.23 and its 200-day simple moving average is $48.36.

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.