JPMorgan Inflation Managed Bond ETF (NYSEARCA:JCPI) Sets New 52-Week Low – Time to Sell?

JPMorgan Inflation Managed Bond ETF (NYSEARCA:JCPI)’s share price hit a new 52-week low during trading on Wednesday . The company traded as low as $47.16 and last traded at $47.2070, with a volume of 13214 shares. The stock had previously closed at $47.33.

JPMorgan Inflation Managed Bond ETF Trading Down 0.2%

The company has a 50-day moving average of $47.52 and a two-hundred day moving average of $48.07.

Institutional Inflows and Outflows

A number of large investors have recently made changes to their positions in JCPI. International Assets Investment Management LLC purchased a new stake in JPMorgan Inflation Managed Bond ETF in the 4th quarter worth approximately $25,000. Royal Bank of Canada lifted its holdings in JPMorgan Inflation Managed Bond ETF by 206.7% during the fourth 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 in the last quarter. Advisory Solutions Group LLC bought a new position in shares of JPMorgan Inflation Managed Bond ETF in the second quarter worth approximately $226,000. Citadel Advisors LLC bought a new position in shares of JPMorgan Inflation Managed Bond ETF in the third quarter worth approximately $275,000. Finally, Prism Advisors Inc. purchased a new stake in shares of JPMorgan Inflation Managed Bond ETF in the first quarter worth $320,000.

About JPMorgan Inflation Managed Bond ETF

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.