JPMorgan Inflation Managed Bond ETF (BATS:JCPI) Reaches New 12-Month High – What’s Next?

JPMorgan Inflation Managed Bond ETF (BATS:JCPI)’s share price reached a new 52-week high on Wednesday . The stock traded as high as $50.95 and last traded at $47.95, with a volume of 6467 shares. The stock had previously closed at $47.99.

JPMorgan Inflation Managed Bond ETF Trading Up 0.2%

The firm has a fifty day moving average price of $48.42 and a 200-day moving average price of $48.43.

Institutional Investors Weigh In On JPMorgan Inflation Managed Bond ETF

Hedge funds have recently made changes to their positions in the business. JPMorgan Chase & Co. boosted its holdings in shares of JPMorgan Inflation Managed Bond ETF by 1.3% during the third quarter. JPMorgan Chase & Co. now owns 11,031,673 shares of the company’s stock worth $538,125,000 after purchasing an additional 145,871 shares during the last quarter. AE Wealth Management LLC boosted its holdings in shares of JPMorgan Inflation Managed Bond ETF by 69.1% during the fourth quarter. AE Wealth Management LLC now owns 86,628 shares of the company’s stock worth $4,175,000 after purchasing an additional 35,406 shares during the last quarter. Avior Wealth Management LLC boosted its holdings in shares of JPMorgan Inflation Managed Bond ETF by 589.8% during the fourth quarter. Avior Wealth Management LLC now owns 95,847 shares of the company’s stock worth $4,619,000 after purchasing an additional 81,953 shares during the last quarter. CWM LLC boosted its holdings in shares of JPMorgan Inflation Managed Bond ETF by 1,998.9% during the fourth quarter. CWM LLC now owns 11,061 shares of the company’s stock worth $533,000 after purchasing an additional 10,534 shares during the last quarter. Finally, Kestra Private Wealth Services LLC boosted its holdings in shares of JPMorgan Inflation Managed Bond ETF by 2.7% during the fourth quarter. Kestra Private Wealth Services LLC now owns 56,079 shares of the company’s stock worth $2,702,000 after purchasing an additional 1,463 shares during the last quarter.

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.