Ocean Park Asset Management LLC acquired a new stake in shares of JPMorgan Inflation Managed Bond ETF (BATS:JCPI – Free Report) during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm acquired 66,500 shares of the company’s stock, valued at approximately $3,182,000.
A number of other large investors also recently bought and sold shares of JCPI. International Assets Investment Management LLC purchased a new stake in JPMorgan Inflation Managed Bond ETF during the fourth quarter worth $25,000. Royal Bank of Canada raised its position in shares of JPMorgan Inflation Managed Bond ETF by 206.7% in the 4th quarter. Royal Bank of Canada now owns 1,009 shares of the company’s stock worth $49,000 after acquiring an additional 680 shares in the last quarter. Citadel Advisors LLC bought a new position in shares of JPMorgan Inflation Managed Bond ETF in the 3rd quarter worth $275,000. Prism Advisors Inc. purchased a new stake in shares of JPMorgan Inflation Managed Bond ETF during the 1st quarter worth $320,000. Finally, Integrated Wealth Concepts LLC purchased a new stake in shares of JPMorgan Inflation Managed Bond ETF during the 1st quarter worth $395,000.
JPMorgan Inflation Managed Bond ETF Stock Down 0.2%
Shares of JCPI stock opened at $47.34 on Wednesday. JPMorgan Inflation Managed Bond ETF has a 1-year low of $47.20 and a 1-year high of $50.95. The stock’s 50-day moving average is $47.75 and its 200 day moving average is $48.22.
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.
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