JPMorgan Inflation Managed Bond ETF (NYSEARCA:JCPI – Get Free Report) was the target of a significant decline in short interest in the month of August. As of August 31st, there was short interest totaling 3,523 shares, a decline of 48.8% from the August 15th total of 6,877 shares. Approximately 0.0% of the shares of the company are short sold. Based on an average daily trading volume, of 81,694 shares, the short-interest ratio is currently 0.0 days.
Institutional Investors Weigh In On JPMorgan Inflation Managed Bond ETF
A number of institutional investors and hedge funds have recently modified their holdings of JCPI. Capital Analysts LLC boosted its holdings in JPMorgan Inflation Managed Bond ETF by 102.6% in the second quarter. Capital Analysts LLC now owns 53,065 shares of the company’s stock worth $2,539,000 after purchasing an additional 26,871 shares in the last quarter. Integrated Wealth Concepts LLC raised its holdings in JPMorgan Inflation Managed Bond ETF by 45.8% during the second quarter. Integrated Wealth Concepts LLC now owns 58,424 shares of the company’s stock valued at $2,796,000 after buying an additional 18,339 shares in the last quarter. Ameritas Advisory Services LLC bought a new position in JPMorgan Inflation Managed Bond ETF during the second quarter valued at about $796,000. HB Wealth Management LLC lifted its position in shares of JPMorgan Inflation Managed Bond ETF by 1.6% in the second quarter. HB Wealth Management LLC now owns 58,735 shares of the company’s stock worth $3,124,000 after buying an additional 921 shares during the last quarter. Finally, Advisory Solutions Group LLC bought a new stake in shares of JPMorgan Inflation Managed Bond ETF during the 2nd quarter worth about $226,000.
JPMorgan Inflation Managed Bond ETF Stock Down 0.4%
Shares of JCPI stock traded down $0.17 during mid-day trading on Wednesday, hitting $46.56. 43,586 shares of the stock traded hands, compared to its average volume of 57,604. JPMorgan Inflation Managed Bond ETF has a twelve month low of $46.56 and a twelve month high of $50.95. The company’s 50-day simple moving average is $47.41 and its 200-day simple moving average is $47.99.
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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