Janus Henderson Mortgage-Backed Securities ETF (NYSEARCA:JMBS) Hits New 12-Month Low – Should You Sell?

Janus Henderson Mortgage-Backed Securities ETF (NYSEARCA:JMBS)’s stock price hit a new 52-week low during trading on Wednesday . The stock traded as low as $43.20 and last traded at $43.2150, with a volume of 270365 shares. The stock had previously closed at $43.53.

Janus Henderson Mortgage-Backed Securities ETF Stock Performance

The business has a 50-day moving average price of $44.24 and a 200 day moving average price of $44.87.

Institutional Trading of Janus Henderson Mortgage-Backed Securities ETF

A number of hedge funds have recently modified their holdings of the business. Tortoise Investment Management LLC acquired a new position in Janus Henderson Mortgage-Backed Securities ETF in the 2nd quarter valued at approximately $523,000. Blue Edge Capital LLC grew its holdings in Janus Henderson Mortgage-Backed Securities ETF by 0.4% during the second quarter. Blue Edge Capital LLC now owns 387,864 shares of the company’s stock valued at $17,450,000 after purchasing an additional 1,703 shares during the last quarter. Integrated Wealth Concepts LLC bought a new position in shares of Janus Henderson Mortgage-Backed Securities ETF in the second quarter valued at approximately $308,000. NewEdge Advisors LLC lifted its stake in shares of Janus Henderson Mortgage-Backed Securities ETF by 4.6% in the second quarter. NewEdge Advisors LLC now owns 17,791 shares of the company’s stock worth $800,000 after buying an additional 787 shares during the last quarter. Finally, IFP Advisors Inc boosted its holdings in shares of Janus Henderson Mortgage-Backed Securities ETF by 637.4% during the 2nd quarter. IFP Advisors Inc now owns 125,774 shares of the company’s stock worth $5,659,000 after buying an additional 108,717 shares during the period.

About Janus Henderson Mortgage-Backed Securities ETF

The Janus Henderson Mortgage-Backed Securities ETF (JMBS) is an exchange-traded fund that is based on the Bloomberg U.S. MBS index. The fund is an actively managed fund of mortgage-backed securities. The fund seeks a high level of total return. JMBS was launched on Sep 12, 2018 and is managed by Janus Henderson.