JPMorgan Inflation Managed Bond ETF (BATS:JCPI) Shares Up 0.9% – What’s Next?

JPMorgan Inflation Managed Bond ETF (BATS:JCPI) was up 0.9% during trading on Monday . The stock traded as high as $46.88 and last traded at $46.94. Approximately 7,134 shares were traded during trading, The stock had previously closed at $46.53.

JPMorgan Inflation Managed Bond ETF Stock Up 0.7 %

The company’s 50 day moving average price is $46.96 and its two-hundred day moving average price is $47.25.

Hedge Funds Weigh In On JPMorgan Inflation Managed Bond ETF

Institutional investors and hedge funds have recently bought and sold shares of the stock. Nations Financial Group Inc. IA ADV purchased a new stake in shares of JPMorgan Inflation Managed Bond ETF in the third quarter worth $237,000. MML Investors Services LLC increased its stake in JPMorgan Inflation Managed Bond ETF by 9.5% in the 3rd quarter. MML Investors Services LLC now owns 6,830 shares of the company’s stock worth $328,000 after buying an additional 595 shares in the last quarter. Bill Few Associates Inc. raised its holdings in JPMorgan Inflation Managed Bond ETF by 22.2% during the fourth quarter. Bill Few Associates Inc. now owns 13,201 shares of the company’s stock valued at $618,000 after acquiring an additional 2,395 shares during the period. Bank of Montreal Can lifted its position in shares of JPMorgan Inflation Managed Bond ETF by 1,260.0% in the second quarter. Bank of Montreal Can now owns 13,600 shares of the company’s stock valued at $635,000 after acquiring an additional 12,600 shares in the last quarter. Finally, Flow Traders U.S. LLC boosted its stake in shares of JPMorgan Inflation Managed Bond ETF by 15.8% in the third quarter. Flow Traders U.S. LLC now owns 22,995 shares of the company’s stock worth $1,104,000 after acquiring an additional 3,131 shares during the period.

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.