JPMorgan Limited Duration Bond ETF (BATS:JPLD) Sets New 52-Week Low – Time to Sell?

JPMorgan Limited Duration Bond ETF (BATS:JPLD) shares reached a new 52-week low during trading on Tuesday . The stock traded as low as $51.88 and last traded at $51.90, with a volume of 302089 shares changing hands. The stock had previously closed at $51.94.

JPMorgan Limited Duration Bond ETF Stock Performance

The firm has a 50 day simple moving average of $52.06 and a two-hundred day simple moving average of $52.27.

Institutional Inflows and Outflows

A number of large investors have recently modified their holdings of JPLD. Morgan Stanley raised its stake in shares of JPMorgan Limited Duration Bond ETF by 24.9% during the fourth quarter. Morgan Stanley now owns 1,354,725 shares of the company’s stock valued at $70,904,000 after purchasing an additional 270,413 shares in the last quarter. UBS Group AG grew its position in JPMorgan Limited Duration Bond ETF by 1.1% in the 3rd quarter. UBS Group AG now owns 1,047,402 shares of the company’s stock valued at $54,962,000 after buying an additional 11,441 shares in the last quarter. M&T Bank Corp grew its position in JPMorgan Limited Duration Bond ETF by 3.0% in the 4th quarter. M&T Bank Corp now owns 1,046,425 shares of the company’s stock valued at $54,768,000 after buying an additional 30,165 shares in the last quarter. Composition Wealth LLC increased its stake in JPMorgan Limited Duration Bond ETF by 20.2% during the 4th quarter. Composition Wealth LLC now owns 891,312 shares of the company’s stock valued at $46,650,000 after buying an additional 149,947 shares during the period. Finally, Allspring Global Investments Holdings LLC increased its stake in JPMorgan Limited Duration Bond ETF by 217,192.3% during the 1st quarter. Allspring Global Investments Holdings LLC now owns 875,688 shares of the company’s stock valued at $45,641,000 after buying an additional 875,285 shares during the period.

JPMorgan Limited Duration Bond ETF Company Profile

The JPMorgan Limited Duration Bond ETF (JPLD) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund is an actively managed fund that invests mainly in a broad portfolio of investment grade asset-backed and mortgage-backed securities with an average duration of three years or less. JPLD was launched on Jul 28, 2023 and is issued by JPMorgan Chase.