JPMorgan Inflation Managed Bond ETF (BATS:JCPI) Reaches New 1-Year Low – Time to Sell?

JPMorgan Inflation Managed Bond ETF (BATS:JCPI) reached a new 52-week low during mid-day trading on Tuesday . The company traded as low as $47.40 and last traded at $47.40, with a volume of 2586 shares traded. The stock had previously closed at $47.53.

JPMorgan Inflation Managed Bond ETF Price Performance

The stock’s 50 day simple moving average is $47.92 and its two-hundred day simple moving average is $48.28.

Institutional Trading of JPMorgan Inflation Managed Bond ETF

Large investors have recently bought and sold shares of the company. Oppenheimer & Co. Inc. raised its stake in shares of JPMorgan Inflation Managed Bond ETF by 1.5% in the fourth quarter. Oppenheimer & Co. Inc. now owns 16,400 shares of the company’s stock valued at $790,000 after buying an additional 250 shares during the period. Capital Analysts LLC grew its stake in shares of JPMorgan Inflation Managed Bond ETF by 1.4% during the 4th quarter. Capital Analysts LLC now owns 19,079 shares of the company’s stock worth $919,000 after acquiring an additional 255 shares during the period. Cetera Investment Advisers grew its stake in shares of JPMorgan Inflation Managed Bond ETF by 1.7% during the 1st quarter. Cetera Investment Advisers now owns 21,718 shares of the company’s stock worth $1,051,000 after acquiring an additional 353 shares during the period. Clear Creek Financial Management LLC increased its holdings in JPMorgan Inflation Managed Bond ETF by 2.1% in the 4th quarter. Clear Creek Financial Management LLC now owns 22,220 shares of the company’s stock worth $1,071,000 after acquiring an additional 448 shares during the last quarter. Finally, International Assets Investment Management LLC purchased a new stake in JPMorgan Inflation Managed Bond ETF in the 4th quarter worth about $25,000.

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.