Janus Henderson Mortgage-Backed Securities ETF (NYSEARCA:JMBS) Sees Strong Trading Volume – Time to Buy?

Janus Henderson Mortgage-Backed Securities ETF (NYSEARCA:JMBS) saw an uptick in trading volume on Wednesday . 744,125 shares traded hands during mid-day trading, a decline of 9% from the previous session’s volume of 821,271 shares.The stock last traded at $44.57 and had previously closed at $44.71.

Janus Henderson Mortgage-Backed Securities ETF Trading Down 0.2%

The firm has a fifty day simple moving average of $44.69 and a two-hundred day simple moving average of $45.19.

Institutional Inflows and Outflows

Hedge funds have recently bought and sold shares of the business. NewEdge Advisors LLC increased its position in shares of Janus Henderson Mortgage-Backed Securities ETF by 353.5% during the first quarter. NewEdge Advisors LLC now owns 26,216 shares of the company’s stock valued at $1,185,000 after buying an additional 20,435 shares during the period. Raymond James Financial Inc. increased its stake in Janus Henderson Mortgage-Backed Securities ETF by 3.2% in the second quarter. Raymond James Financial Inc. now owns 3,066,906 shares of the company’s stock valued at $138,164,000 after acquiring an additional 93,774 shares during the last quarter. Bank of America Corp DE raised its holdings in shares of Janus Henderson Mortgage-Backed Securities ETF by 11.6% during the 2nd quarter. Bank of America Corp DE now owns 18,218,672 shares of the company’s stock valued at $820,751,000 after buying an additional 1,893,960 shares in the last quarter. IHT Wealth Management LLC lifted its holdings in shares of Janus Henderson Mortgage-Backed Securities ETF by 6.0% in the 2nd quarter. IHT Wealth Management LLC now owns 29,795 shares of the company’s stock worth $1,342,000 after acquiring an additional 1,677 shares during the last quarter. Finally, Prevail Innovative Wealth Advisors LLC lifted its stake in Janus Henderson Mortgage-Backed Securities ETF by 63.8% in the second quarter. Prevail Innovative Wealth Advisors LLC now owns 63,457 shares of the company’s stock worth $2,859,000 after purchasing an additional 24,705 shares during the last quarter.

Janus Henderson Mortgage-Backed Securities ETF Company Profile

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.