Shares of JPMorgan Inflation Managed Bond ETF (NYSEARCA:JCPI – Get Free Report) hit a new 52-week low on Tuesday . The stock traded as low as $46.72 and last traded at $46.72, with a volume of 38024 shares changing hands. The stock had previously closed at $46.73.
JPMorgan Inflation Managed Bond ETF Price Performance
The stock’s fifty day moving average is $47.41 and its 200-day moving average is $47.99.
Institutional Trading of JPMorgan Inflation Managed Bond ETF
A number of hedge funds and other institutional investors have recently made changes to their positions in JCPI. Cetera Investment Advisers increased its stake in JPMorgan Inflation Managed Bond ETF by 1.7% during the first quarter. Cetera Investment Advisers now owns 21,718 shares of the company’s stock worth $1,051,000 after purchasing an additional 353 shares during the period. HB Wealth Management LLC boosted its stake in shares of JPMorgan Inflation Managed Bond ETF by 1.6% in the second quarter. HB Wealth Management LLC now owns 58,735 shares of the company’s stock valued at $3,124,000 after purchasing an additional 921 shares during the period. UBS Group AG grew its holdings in shares of JPMorgan Inflation Managed Bond ETF by 0.7% in the fourth 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. Kestra Private Wealth Services LLC grew its holdings in shares of JPMorgan Inflation Managed Bond ETF by 3.8% in the first quarter. Kestra Private Wealth Services LLC now owns 58,218 shares of the company’s stock valued at $2,817,000 after purchasing an additional 2,139 shares in the last quarter. Finally, Advisory Solutions Group LLC purchased a new stake in JPMorgan Inflation Managed Bond ETF during the 2nd quarter worth approximately $226,000.
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.
Further Reading
- Five stocks we like better than JPMorgan Inflation Managed Bond ETF
- 3 Luxury Consumer Brands to Watch in a Beaten-Down Sector
- Jackson’s Record Quarter Powers the Bull Case
- Holiday Shopping Is Almost Here—And Target May Be Ready to Win Big
- AI Panic Hit Tech Stocks—But NVIDIA’s Growth Engine Is Intact
Receive News & Ratings for JPMorgan Inflation Managed Bond ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for JPMorgan Inflation Managed Bond ETF and related companies with MarketBeat.com's FREE daily email newsletter.
