Janus Henderson Mortgage-Backed Securities ETF (NYSEARCA:JMBS) Sets New 52-Week Low – Time to Sell?

Janus Henderson Mortgage-Backed Securities ETF (NYSEARCA:JMBS)’s share price hit a new 52-week low during trading on Monday. The company traded as low as $42.09 and last traded at $42.1240, with a volume of 176241 shares. The stock had previously closed at $42.29.

Janus Henderson Mortgage-Backed Securities ETF Trading Up 0.2%

The company has a 50-day moving average of $43.82 and a two-hundred day moving average of $44.65.

Institutional Inflows and Outflows

A number of large investors have recently made changes to their positions in the stock. Legacy Private Trust Co. bought a new position in shares of Janus Henderson Mortgage-Backed Securities ETF during the 3rd quarter valued at approximately $22,562,000. Envestnet Portfolio Solutions Inc. raised 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 worth $1,057,000 after acquiring an additional 268 shares during the period. Envestnet Asset Management Inc. lifted its holdings in Janus Henderson Mortgage-Backed Securities ETF by 1.9% during the second quarter. Envestnet Asset Management Inc. now owns 2,420,928 shares of the company’s stock valued at $108,918,000 after purchasing an additional 45,839 shares in the last quarter. Tortoise Investment Management LLC purchased a new position in Janus Henderson Mortgage-Backed Securities ETF during the second quarter valued at approximately $523,000. Finally, Blue Edge Capital LLC boosted its position in shares of Janus Henderson Mortgage-Backed Securities ETF by 0.4% in the second quarter. Blue Edge Capital LLC now owns 387,864 shares of the company’s stock worth $17,450,000 after purchasing an additional 1,703 shares during the period.

Janus Henderson Mortgage-Backed Securities ETF Company Profile

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.