Shares of JPMorgan Inflation Managed Bond ETF (NYSEARCA:JCPI – Get Free Report) saw strong trading volume on Thursday . 34,437 shares traded hands during mid-day trading, a decline of 40% from the previous session’s volume of 57,604 shares.The stock last traded at $46.68 and had previously closed at $46.73.
JPMorgan Inflation Managed Bond ETF Stock Performance
The company has a 50 day moving average price of $47.37 and a 200-day moving average price of $47.97.
Institutional Trading of JPMorgan Inflation Managed Bond ETF
Several large investors have recently added to or reduced their stakes in the stock. Private Advisor Group LLC raised its holdings in JPMorgan Inflation Managed Bond ETF by 44.8% in the 1st quarter. Private Advisor Group LLC now owns 101,631 shares of the company’s stock worth $4,917,000 after purchasing an additional 31,431 shares in the last quarter. Systelligence LLC purchased a new position in shares of JPMorgan Inflation Managed Bond ETF during the first quarter valued at about $4,781,000. Ocean Park Asset Management LLC purchased a new position in shares of JPMorgan Inflation Managed Bond ETF during the second quarter valued at about $3,182,000. HB Wealth Management LLC raised its stake in 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 worth $3,124,000 after buying an additional 921 shares in the last quarter. Finally, Integrated Wealth Concepts LLC raised its stake in JPMorgan Inflation Managed Bond ETF by 45.8% in the second quarter. Integrated Wealth Concepts LLC now owns 58,424 shares of the company’s stock worth $2,796,000 after buying an additional 18,339 shares in 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.
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