JPMorgan Inflation Managed Bond ETF (BATS:JCPI – Get Free Report) shares hit a new 52-week low on Tuesday . The stock traded as low as $47.54 and last traded at $47.63, with a volume of 37743 shares trading hands. The stock had previously closed at $47.68.
JPMorgan Inflation Managed Bond ETF Stock Down 0.1%
The company’s fifty day moving average price is $48.13 and its 200-day moving average price is $48.33.
Institutional Trading of JPMorgan Inflation Managed Bond ETF
A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Integrated Wealth Concepts LLC bought a new stake in JPMorgan Inflation Managed Bond ETF in the first quarter worth about $395,000. Jane Street Group LLC grew its stake in shares of JPMorgan Inflation Managed Bond ETF by 259.6% during the first quarter. Jane Street Group LLC now owns 32,110 shares of the company’s stock valued at $1,545,000 after buying an additional 23,180 shares during the last quarter. MML Investors Services LLC purchased a new stake in shares of JPMorgan Inflation Managed Bond ETF in the second quarter worth approximately $1,410,000. Private Advisor Group LLC purchased a new stake in shares of JPMorgan Inflation Managed Bond ETF in the third quarter worth approximately $1,750,000. Finally, UBS Group AG raised its holdings in shares of JPMorgan Inflation Managed Bond ETF by 3.6% in the third quarter. UBS Group AG now owns 133,225 shares of the company’s stock worth $6,499,000 after buying an additional 4,650 shares during the period.
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
- The SK Hynix IPO and 2027’s AI Memory Squeeze
- Meta Platforms Stock Rises as Muse Spark 1.1 AI Model Debuts
- Why Welltower’s Growth Story Might Outrun Its Rich Valuation
- One Short- and One Long-Term ETF for Quantum Computing Bulls
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.
