JPMorgan Limited Duration Bond ETF (BATS:JPLD) Hits New 52-Week Low – Should You Sell?

JPMorgan Limited Duration Bond ETF (BATS:JPLD) shares hit a new 52-week low on Wednesday . The company traded as low as $51.90 and last traded at $51.95, with a volume of 169277 shares. The stock had previously closed at $51.97.

JPMorgan Limited Duration Bond ETF Trading Down 0.1%

The stock’s fifty day moving average price is $52.07 and its 200 day moving average price is $52.28.

Hedge Funds Weigh In On JPMorgan Limited Duration Bond ETF

A number of institutional investors and hedge funds have recently modified their holdings of JPLD. Wagner Wealth Management LLC purchased a new stake in shares of JPMorgan Limited Duration Bond ETF in the 1st quarter worth $45,000. Cedar Mountain Advisors LLC purchased a new stake in JPMorgan Limited Duration Bond ETF during the 4th quarter valued at $50,000. Bogart Wealth LLC bought a new stake in JPMorgan Limited Duration Bond ETF in the first quarter worth about $52,000. Sound Income Strategies LLC bought a new position in JPMorgan Limited Duration Bond ETF in the 1st quarter valued at $74,000. Finally, Portfolio Resources Advisor Group Inc. bought a new stake in JPMorgan Limited Duration Bond ETF during the 4th quarter valued at about $81,000.

JPMorgan Limited Duration Bond ETF Company Profile

The JPMorgan Limited Duration Bond ETF (JPLD) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund is an actively managed fund that invests mainly in a broad portfolio of investment grade asset-backed and mortgage-backed securities with an average duration of three years or less. JPLD was launched on Jul 28, 2023 and is issued by JPMorgan Chase.