Cornerstone Planning Group LLC Acquires Shares of 23,820 JPMorgan Inflation Managed Bond ETF $JCPI

Cornerstone Planning Group LLC purchased a new stake in shares of JPMorgan Inflation Managed Bond ETF (BATS:JCPI) during the 1st quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund purchased 23,820 shares of the company’s stock, valued at approximately $1,158,000.

A number of other institutional investors also recently bought and sold shares of the stock. Integrated Wealth Concepts LLC purchased a new stake in JPMorgan Inflation Managed Bond ETF in the first quarter worth about $395,000. Jane Street Group LLC raised its position in shares of JPMorgan Inflation Managed Bond ETF by 259.6% in the 1st quarter. Jane Street Group LLC now owns 32,110 shares of the company’s stock worth $1,545,000 after acquiring an additional 23,180 shares in the last quarter. MML Investors Services LLC bought a new position in shares of JPMorgan Inflation Managed Bond ETF in the 2nd quarter worth approximately $1,410,000. Private Advisor Group LLC purchased a new position in shares of JPMorgan Inflation Managed Bond ETF in the 3rd quarter valued at approximately $1,750,000. Finally, UBS Group AG lifted its stake in shares of JPMorgan Inflation Managed Bond ETF by 3.6% in the 3rd quarter. UBS Group AG now owns 133,225 shares of the company’s stock valued at $6,499,000 after purchasing an additional 4,650 shares during the period.

JPMorgan Inflation Managed Bond ETF Stock Performance

BATS JCPI opened at $47.82 on Friday. JPMorgan Inflation Managed Bond ETF has a twelve month low of $47.54 and a twelve month high of $50.95. The stock’s 50 day moving average is $48.06 and its 200 day moving average is $48.32.

JPMorgan Inflation Managed Bond ETF 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.