JPMorgan Inflation Managed Bond ETF (BATS:JCPI) Sets New 1-Year Low – What’s Next?

Shares of JPMorgan Inflation Managed Bond ETF (BATS:JCPI) reached a new 52-week low during trading on Wednesday . The stock traded as low as $47.50 and last traded at $47.59, with a volume of 4568 shares changing hands. The stock had previously closed at $47.73.

JPMorgan Inflation Managed Bond ETF Stock Performance

The business has a 50-day moving average of $48.02 and a 200 day moving average of $48.31.

Hedge Funds Weigh In On JPMorgan Inflation Managed Bond ETF

Large investors have recently added to or reduced their stakes in the business. AE Wealth Management LLC lifted its holdings in shares of JPMorgan Inflation Managed Bond ETF by 69.1% during the 4th quarter. AE Wealth Management LLC now owns 86,628 shares of the company’s stock worth $4,175,000 after acquiring an additional 35,406 shares during the period. Kavar Capital Partners Group LLC acquired a new position in shares of JPMorgan Inflation Managed Bond ETF during the 1st quarter valued at $1,129,000. CWM LLC boosted its position in shares of JPMorgan Inflation Managed Bond ETF by 1,998.9% in the fourth quarter. CWM LLC now owns 11,061 shares of the company’s stock worth $533,000 after buying an additional 10,534 shares during the period. Private Advisor Group LLC boosted 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 acquiring an additional 31,431 shares during the period. Finally, Systelligence LLC purchased a new stake in JPMorgan Inflation Managed Bond ETF during the 1st quarter worth $4,781,000.

JPMorgan Inflation Managed Bond ETF Company Profile

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.