JPMorgan Inflation Managed Bond ETF (NYSEARCA:JCPI) Sees Large Decline in Short Interest

JPMorgan Inflation Managed Bond ETF (NYSEARCA:JCPI) saw a large decline in short interest in the month of August. As of August 31st, there was short interest totaling 3,523 shares, a decline of 48.8% from the August 15th total of 6,877 shares. Currently, 0.0% of the shares of the company are sold short. Based on an average daily volume of 81,694 shares, the days-to-cover ratio is currently 0.0 days.

JPMorgan Inflation Managed Bond ETF Price Performance

JPMorgan Inflation Managed Bond ETF stock traded up $0.01 during trading on Tuesday, hitting $46.73. The stock had a trading volume of 33,166 shares, compared to its average volume of 57,684. The stock’s 50 day moving average is $47.45 and its two-hundred day moving average is $48.02. JPMorgan Inflation Managed Bond ETF has a 1 year low of $46.70 and a 1 year high of $50.95.

Institutional Inflows and Outflows

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

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.