JPMorgan Inflation Managed Bond ETF (BATS:JCPI) Hits New 1-Year Low – What’s Next?

JPMorgan Inflation Managed Bond ETF (BATS:JCPI) shares hit a new 52-week low during trading on Tuesday . The company traded as low as $47.76 and last traded at $47.80, with a volume of 4914 shares traded. The stock had previously closed at $47.82.

JPMorgan Inflation Managed Bond ETF Price Performance

The firm has a 50 day moving average of $48.35 and a two-hundred day moving average of $48.39.

Institutional Investors Weigh In On JPMorgan Inflation Managed Bond ETF

A number of institutional investors have recently modified their holdings of JCPI. Goldman Sachs Group Inc. raised its position in shares of JPMorgan Inflation Managed Bond ETF by 2,646.2% in the 4th quarter. Goldman Sachs Group Inc. now owns 563,353 shares of the company’s stock worth $27,148,000 after purchasing an additional 542,839 shares during the last quarter. MAI Capital Management grew its position in JPMorgan Inflation Managed Bond ETF by 2.9% during the 3rd quarter. MAI Capital Management now owns 253,242 shares of the company’s stock valued at $12,353,000 after purchasing an additional 7,234 shares during the last quarter. LPL Financial LLC increased its stake in JPMorgan Inflation Managed Bond ETF by 15.8% during the 4th quarter. LPL Financial LLC now owns 138,403 shares of the company’s stock valued at $6,670,000 after purchasing an additional 18,910 shares in the last quarter. UBS Group AG increased its stake in JPMorgan Inflation Managed Bond ETF by 0.7% during the 4th quarter. UBS Group AG now owns 134,177 shares of the company’s stock valued at $6,466,000 after purchasing an additional 952 shares in the last quarter. Finally, Raymond James Financial Inc. raised its holdings in JPMorgan Inflation Managed Bond ETF by 18.0% in the third quarter. Raymond James Financial Inc. now owns 132,270 shares of the company’s stock worth $6,452,000 after buying an additional 20,150 shares during the last quarter.

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.