Oppenheimer & Co. Inc. bought a new position in shares of JPMorgan Inflation Managed Bond ETF (NYSEARCA:JCPI – Free Report) in the 3rd quarter, according to the company in its most recent disclosure with the SEC. The fund bought 12,650 shares of the company’s stock, valued at approximately $583,000. Oppenheimer & Co. Inc. owned 0.06% of JPMorgan Inflation Managed Bond ETF as of its most recent filing with the SEC.
Other institutional investors and hedge funds have also bought and sold shares of the company. Citizens Financial Group Inc. RI bought a new stake in shares of JPMorgan Inflation Managed Bond ETF in the third quarter worth $672,000. Prism Advisors Inc. raised its holdings in shares of JPMorgan Inflation Managed Bond ETF by 25.7% in the 3rd quarter. Prism Advisors Inc. now owns 8,469 shares of the company’s stock worth $392,000 after purchasing an additional 1,732 shares during the period. Bill Few Associates Inc. raised its position in shares of JPMorgan Inflation Managed Bond ETF by 5.4% in the third quarter. Bill Few Associates Inc. now owns 16,036 shares of the company’s stock valued at $739,000 after purchasing an additional 823 shares during the period. Farther Finance Advisors LLC purchased a new stake in shares of JPMorgan Inflation Managed Bond ETF in the third quarter worth about $32,000. Finally, Envestnet Asset Management Inc. grew its position in shares of JPMorgan Inflation Managed Bond ETF by 9.5% during the 2nd quarter. Envestnet Asset Management Inc. now owns 55,534 shares of the company’s stock valued at $2,657,000 after purchasing an additional 4,814 shares in the last quarter.
JPMorgan Inflation Managed Bond ETF Stock Down 0.4%
Shares of JCPI opened at $46.45 on Thursday. The firm’s 50 day simple moving average is $46.64 and its 200 day simple moving average is $47.79. JPMorgan Inflation Managed Bond ETF has a 1-year low of $45.78 and a 1-year high of $50.95.
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.
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