Janus Henderson Mortgage-Backed Securities ETF (NYSEARCA:JMBS) Sets New 12-Month Low – Should You Sell?

Janus Henderson Mortgage-Backed Securities ETF (NYSEARCA:JMBS) hit a new 52-week low on Friday . The company traded as low as $44.14 and last traded at $44.15, with a volume of 17885 shares traded. The stock had previously closed at $44.50.

Janus Henderson Mortgage-Backed Securities ETF Price Performance

The stock has a 50-day moving average price of $44.91 and a two-hundred day moving average price of $45.37.

Institutional Investors Weigh In On Janus Henderson Mortgage-Backed Securities ETF

Institutional investors and hedge funds have recently made changes to their positions in the stock. Morgan Stanley raised its stake in Janus Henderson Mortgage-Backed Securities ETF by 19.3% in the 4th quarter. Morgan Stanley now owns 25,412,542 shares of the company’s stock worth $1,161,099,000 after acquiring an additional 4,119,668 shares during the last quarter. Focus Partners Wealth acquired a new stake in shares of Janus Henderson Mortgage-Backed Securities ETF during the fourth quarter worth about $128,206,000. Bank of America Corp DE boosted its position in Janus Henderson Mortgage-Backed Securities ETF by 11.6% in the second quarter. Bank of America Corp DE now owns 18,218,672 shares of the company’s stock valued at $820,751,000 after buying an additional 1,893,960 shares during the last quarter. Advance Capital Management Inc. boosted its position in Janus Henderson Mortgage-Backed Securities ETF by 12,596.3% in the first quarter. Advance Capital Management Inc. now owns 1,762,883 shares of the company’s stock valued at $79,647,000 after buying an additional 1,748,998 shares during the last quarter. Finally, AlphaCore Capital LLC increased its holdings in Janus Henderson Mortgage-Backed Securities ETF by 18,847.8% in the 4th quarter. AlphaCore Capital LLC now owns 825,936 shares of the company’s stock worth $37,737,000 after buying an additional 821,577 shares during the period.

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.