Janus Henderson Mortgage-Backed Securities ETF (NYSEARCA:JMBS) Shares Cross Below 50-Day Moving Average – Here’s Why

Janus Henderson Mortgage-Backed Securities ETF (NYSEARCA:JMBS)’s share price passed below its 50-day moving average during trading on Thursday. The stock has a 50-day moving average of $43.10 and traded as low as $42.82. Janus Henderson Mortgage-Backed Securities ETF shares last traded at $42.83, with a volume of 721,824 shares.

Janus Henderson Mortgage-Backed Securities ETF Trading Down 0.7%

The company’s 50 day simple moving average is $43.10 and its 200-day simple moving average is $44.66.

Hedge Funds Weigh In On Janus Henderson Mortgage-Backed Securities ETF

Institutional investors and hedge funds have recently modified their holdings of the company. Root Financial Partners LLC purchased a new stake in Janus Henderson Mortgage-Backed Securities ETF in the 3rd quarter worth approximately $33,000. Signaturefd LLC acquired a new position in Janus Henderson Mortgage-Backed Securities ETF in the 3rd quarter valued at $33,000. Loring Wolcott & Coolidge Fiduciary Advisors LLP MA acquired a new position in Janus Henderson Mortgage-Backed Securities ETF in the 3rd quarter valued at $44,000. Rogco LP acquired a new position in Janus Henderson Mortgage-Backed Securities ETF in the 2nd quarter valued at $53,000. Finally, Mather Group LLC. purchased a new position in shares of Janus Henderson Mortgage-Backed Securities ETF during the 3rd quarter worth $93,000.

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.