JPMorgan Inflation Managed Bond ETF (BATS:JCPI) Hits New 52-Week Low – Time to Sell?

JPMorgan Inflation Managed Bond ETF (BATS:JCPI)’s share price reached a new 52-week low on Tuesday . The company traded as low as $47.76 and last traded at $47.80, with a volume of 4914 shares trading hands. The stock had previously closed at $47.82.

JPMorgan Inflation Managed Bond ETF Stock Down 0.2%

The business’s fifty day moving average is $48.38 and its 200 day moving average is $48.40.

Institutional Trading of JPMorgan Inflation Managed Bond ETF

A number of large investors have recently bought and sold shares of JCPI. Integrated Wealth Concepts LLC purchased a new position in shares of JPMorgan Inflation Managed Bond ETF during the 1st quarter valued at $395,000. Jane Street Group LLC raised 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 acquiring an additional 23,180 shares during the period. MML Investors Services LLC bought a new stake in JPMorgan Inflation Managed Bond ETF in the 2nd quarter valued at about $1,410,000. Envestnet Asset Management Inc. lifted its holdings in JPMorgan Inflation Managed Bond ETF by 5.3% during the third quarter. Envestnet Asset Management Inc. now owns 32,082 shares of the company’s stock valued at $1,565,000 after purchasing an additional 1,618 shares during the last quarter. Finally, MAI Capital Management lifted its holdings in JPMorgan Inflation Managed Bond ETF by 2.9% during the third quarter. MAI Capital Management now owns 253,242 shares of the company’s stock valued at $12,353,000 after purchasing an additional 7,234 shares during the last quarter.

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.