JPMorgan Inflation Managed Bond ETF (NYSEARCA:JCPI) Sees Large Volume Increase – Should You Buy?

JPMorgan Inflation Managed Bond ETF (NYSEARCA:JCPI) shares saw an uptick in trading volume on Thursday . 34,437 shares traded hands during mid-day trading, a decline of 40% from the previous session’s volume of 57,604 shares.The stock last traded at $46.68 and had previously closed at $46.73.

JPMorgan Inflation Managed Bond ETF Trading Up 0.2%

The firm’s 50 day moving average is $47.41 and its 200 day moving average is $47.99.

Institutional Investors Weigh In On JPMorgan Inflation Managed Bond ETF

Several hedge funds have recently modified their holdings of the stock. Kavar Capital Partners Group LLC purchased a new position in shares of JPMorgan Inflation Managed Bond ETF in the first quarter worth approximately $1,129,000. Ocean Park Asset Management LLC purchased a new stake in shares of JPMorgan Inflation Managed Bond ETF in the 2nd quarter valued at approximately $3,182,000. Private Advisor Group LLC boosted its stake 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 purchasing an additional 31,431 shares during the period. Capital Analysts LLC raised its stake in JPMorgan Inflation Managed Bond ETF by 102.6% during the 2nd quarter. Capital Analysts LLC now owns 53,065 shares of the company’s stock valued at $2,539,000 after purchasing an additional 26,871 shares during the period. Finally, Ameritas Advisory Services LLC acquired a new stake in shares of JPMorgan Inflation Managed Bond ETF in the second quarter worth $796,000.

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.