JPMorgan Inflation Managed Bond ETF (NYSEARCA:JCPI) Sets New 1-Year Low – Here’s What Happened

JPMorgan Inflation Managed Bond ETF (NYSEARCA:JCPI)’s stock price hit a new 52-week low on Monday . The company traded as low as $46.52 and last traded at $46.6690, with a volume of 36646 shares traded. The stock had previously closed at $46.59.

JPMorgan Inflation Managed Bond ETF Price Performance

The business has a fifty day moving average of $47.37 and a 200-day moving average of $47.96.

Institutional Inflows and Outflows

Hedge funds have recently made changes to their positions in the business. Capital Analysts LLC lifted its position in JPMorgan Inflation Managed Bond ETF by 102.6% in the 2nd quarter. Capital Analysts LLC now owns 53,065 shares of the company’s stock valued at $2,539,000 after acquiring an additional 26,871 shares in the last quarter. Integrated Wealth Concepts LLC boosted its stake in JPMorgan Inflation Managed Bond ETF by 45.8% during the 2nd quarter. Integrated Wealth Concepts LLC now owns 58,424 shares of the company’s stock valued at $2,796,000 after purchasing an additional 18,339 shares during the last quarter. Ameritas Advisory Services LLC bought a new stake in JPMorgan Inflation Managed Bond ETF during the 2nd quarter worth approximately $796,000. HB Wealth Management LLC increased its holdings in JPMorgan Inflation Managed Bond ETF by 1.6% during the 2nd quarter. HB Wealth Management LLC now owns 58,735 shares of the company’s stock worth $3,124,000 after purchasing an additional 921 shares in the last quarter. Finally, Advisory Solutions Group LLC bought a new stake in JPMorgan Inflation Managed Bond ETF during the 2nd quarter worth approximately $226,000.

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.