Systelligence LLC purchased a new position in shares of JPMorgan Inflation Managed Bond ETF (BATS:JCPI – Free Report) during the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor purchased 98,825 shares of the company’s stock, valued at approximately $4,781,000. Systelligence LLC owned approximately 0.66% of JPMorgan Inflation Managed Bond ETF at the end of the most recent quarter.
Several other institutional investors have also recently made changes to their positions in the company. Oppenheimer & Co. Inc. raised its holdings in shares of JPMorgan Inflation Managed Bond ETF by 1.5% in the fourth quarter. Oppenheimer & Co. Inc. now owns 16,400 shares of the company’s stock valued at $790,000 after acquiring an additional 250 shares in the last quarter. Capital Analysts LLC grew its holdings in JPMorgan Inflation Managed Bond ETF by 1.4% during the 4th quarter. Capital Analysts LLC now owns 19,079 shares of the company’s stock worth $919,000 after acquiring an additional 255 shares in the last quarter. Clear Creek Financial Management LLC increased its position in JPMorgan Inflation Managed Bond ETF by 2.1% during the 4th quarter. Clear Creek Financial Management LLC now owns 22,220 shares of the company’s stock valued at $1,071,000 after purchasing an additional 448 shares during the period. International Assets Investment Management LLC purchased a new position in JPMorgan Inflation Managed Bond ETF during the 4th quarter valued at about $25,000. Finally, Royal Bank of Canada increased its position in JPMorgan Inflation Managed Bond ETF by 206.7% during the 4th quarter. Royal Bank of Canada now owns 1,009 shares of the company’s stock valued at $49,000 after purchasing an additional 680 shares during the period.
JPMorgan Inflation Managed Bond ETF Stock Performance
BATS:JCPI opened at $48.03 on Friday. The firm has a 50-day simple moving average of $48.33 and a 200-day simple moving average of $48.38. JPMorgan Inflation Managed Bond ETF has a one year low of $47.74 and a one year high of $50.95.
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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