JPMorgan Inflation Managed Bond ETF (BATS:JCPI) Shares Down 0.7% – Time to Sell?

JPMorgan Inflation Managed Bond ETF (BATS:JCPI) shares fell 0.7% during mid-day trading on Tuesday . The stock traded as low as $48.84 and last traded at $48.6660. 53,470 shares traded hands during trading, an increase of 91% from the average session volume of 28,023 shares. The stock had previously closed at $49.03.

JPMorgan Inflation Managed Bond ETF Trading Down 0.7%

The business has a fifty day moving average of $48.82 and a 200 day moving average of $48.29.

Institutional Inflows and Outflows

Institutional investors have recently made changes to their positions in the business. MAI Capital Management increased its stake 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 worth $12,353,000 after buying an additional 7,234 shares during the period. JPMorgan Chase & Co. increased its position in shares of JPMorgan Inflation Managed Bond ETF by 1.3% during the third quarter. JPMorgan Chase & Co. now owns 11,031,673 shares of the company’s stock worth $538,125,000 after acquiring an additional 145,871 shares during the period. Cibc World Market Inc. purchased a new stake in shares of JPMorgan Inflation Managed Bond ETF during the third quarter worth $300,000. Oppenheimer & Co. Inc. raised its stake in shares of JPMorgan Inflation Managed Bond ETF by 141.9% in the third quarter. Oppenheimer & Co. Inc. now owns 16,150 shares of the company’s stock valued at $788,000 after acquiring an additional 9,475 shares in the last quarter. Finally, Collier Financial acquired a new stake in shares of JPMorgan Inflation Managed Bond ETF in the third quarter valued at $206,000.

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.