JPMorgan Inflation Managed Bond ETF (BATS:JCPI) Shares Cross Above 200-Day Moving Average – Time to Sell?

JPMorgan Inflation Managed Bond ETF (BATS:JCPI) shares crossed above its two hundred day moving average during trading on Tuesday . The stock has a two hundred day moving average of $47.21 and traded as high as $47.36. JPMorgan Inflation Managed Bond ETF shares last traded at $47.34, with a volume of 52,258 shares changing hands.

JPMorgan Inflation Managed Bond ETF Price Performance

The stock has a 50-day moving average price of $47.31 and a two-hundred day moving average price of $47.21.

Institutional Investors Weigh In On JPMorgan Inflation Managed Bond ETF

A number of large investors have recently modified their holdings of JCPI. Sage Rhino Capital LLC raised its position in shares of JPMorgan Inflation Managed Bond ETF by 1.4% in the 2nd quarter. Sage Rhino Capital LLC now owns 62,531 shares of the company’s stock valued at $2,920,000 after purchasing an additional 871 shares during the last quarter. Bank of Montreal Can increased its stake in JPMorgan Inflation Managed Bond ETF by 1,260.0% during the 2nd quarter. Bank of Montreal Can now owns 13,600 shares of the company’s stock valued at $635,000 after purchasing an additional 12,600 shares in the last quarter. Halpern Financial Inc. raised its holdings in shares of JPMorgan Inflation Managed Bond ETF by 2.5% in the third quarter. Halpern Financial Inc. now owns 224,635 shares of the company’s stock worth $10,779,000 after buying an additional 5,477 shares during the last quarter. Kavar Capital Partners Group LLC acquired a new stake in shares of JPMorgan Inflation Managed Bond ETF during the third quarter worth $2,367,000. Finally, Nations Financial Group Inc. IA ADV acquired a new stake in shares of JPMorgan Inflation Managed Bond ETF during the third quarter worth $237,000.

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.