Janus Henderson Mortgage-Backed Securities ETF (NYSEARCA:JMBS) Reaches New 12-Month Low – Here’s Why

Janus Henderson Mortgage-Backed Securities ETF (NYSEARCA:JMBS) shares reached a new 52-week low during mid-day trading on Tuesday . The stock traded as low as $44.05 and last traded at $44.06, with a volume of 381369 shares trading hands. The stock had previously closed at $44.19.

Janus Henderson Mortgage-Backed Securities ETF Stock Performance

The business’s fifty day moving average price is $44.64 and its 200-day moving average price is $45.15.

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

Several institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Morgan Stanley grew its position 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 purchasing an additional 4,119,668 shares during the period. Focus Partners Wealth bought a new position in shares of Janus Henderson Mortgage-Backed Securities ETF during the 4th quarter valued at $128,206,000. Bank of America Corp DE boosted its stake in shares of Janus Henderson Mortgage-Backed Securities ETF by 11.6% in the 2nd quarter. Bank of America Corp DE now owns 18,218,672 shares of the company’s stock worth $820,751,000 after buying an additional 1,893,960 shares during the last quarter. Advance Capital Management Inc. boosted its stake in shares of Janus Henderson Mortgage-Backed Securities ETF by 12,596.3% in the 1st quarter. Advance Capital Management Inc. now owns 1,762,883 shares of the company’s stock worth $79,647,000 after buying an additional 1,748,998 shares during the last quarter. Finally, Corient Private Wealth LP grew its holdings in shares of Janus Henderson Mortgage-Backed Securities ETF by 57.6% in the second quarter. Corient Private Wealth LP now owns 3,321,191 shares of the company’s stock worth $149,523,000 after acquiring an additional 1,214,435 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.