Envestnet Asset Management Inc. Acquires Shares of 30,464 JPMorgan Inflation Managed Bond ETF $JCPI

Envestnet Asset Management Inc. bought a new position in shares of JPMorgan Inflation Managed Bond ETF (BATS:JCPI) in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm bought 30,464 shares of the company’s stock, valued at approximately $1,470,000. Envestnet Asset Management Inc. owned about 0.20% of JPMorgan Inflation Managed Bond ETF as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors have also modified their holdings of JCPI. Atria Wealth Solutions Inc. bought a new position in JPMorgan Inflation Managed Bond ETF in the 2nd quarter valued at about $375,000. Bill Few Associates Inc. grew its position in shares of JPMorgan Inflation Managed Bond ETF by 8.8% in the second quarter. Bill Few Associates Inc. now owns 13,161 shares of the company’s stock valued at $635,000 after purchasing an additional 1,065 shares during the last quarter. Kavar Capital Partners Group LLC bought a new position in shares of JPMorgan Inflation Managed Bond ETF during the second quarter worth approximately $2,121,000. Gradient Capital Advisors LLC acquired a new stake in JPMorgan Inflation Managed Bond ETF during the 2nd quarter worth approximately $200,000. Finally, Jane Street Group LLC boosted its stake in JPMorgan Inflation Managed Bond ETF by 259.6% in the 1st quarter. Jane Street Group LLC now owns 32,110 shares of the company’s stock valued at $1,545,000 after purchasing an additional 23,180 shares during the period.

JPMorgan Inflation Managed Bond ETF Trading Down 1.0%

JCPI stock opened at $48.52 on Thursday. JPMorgan Inflation Managed Bond ETF has a fifty-two week low of $46.45 and a fifty-two week high of $52.00. The business’s fifty day moving average price is $48.78 and its two-hundred day moving average price is $48.31.

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.