JPMorgan Chase & Co. Sells 607,981 Shares of JPMorgan Inflation Managed Bond ETF $JCPI

JPMorgan Chase & Co. trimmed its holdings in shares of JPMorgan Inflation Managed Bond ETF (BATS:JCPI) by 5.5% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 10,423,692 shares of the company’s stock after selling 607,981 shares during the quarter. JPMorgan Chase & Co. owned approximately 0.70% of JPMorgan Inflation Managed Bond ETF worth $502,318,000 at the end of the most recent quarter.

Other large investors also recently added to or reduced their stakes in the company. International Assets Investment Management LLC bought a new stake in JPMorgan Inflation Managed Bond ETF during the fourth quarter valued at approximately $25,000. J.W. Cole Advisors Inc. bought a new stake in JPMorgan Inflation Managed Bond ETF during the third quarter valued at approximately $255,000. Citadel Advisors LLC bought a new stake in JPMorgan Inflation Managed Bond ETF during the third quarter valued at approximately $275,000. Cibc World Market Inc. bought a new stake in JPMorgan Inflation Managed Bond ETF during the third quarter valued at approximately $300,000. Finally, Integrated Wealth Concepts LLC bought a new stake in JPMorgan Inflation Managed Bond ETF during the first quarter valued at approximately $395,000.

JPMorgan Inflation Managed Bond ETF Stock Performance

Shares of BATS JCPI opened at $47.97 on Thursday. The firm has a 50 day moving average of $48.42 and a 200 day moving average of $48.43. JPMorgan Inflation Managed Bond ETF has a 12-month low of $47.45 and a 12-month high of $50.95.

JPMorgan Inflation Managed Bond ETF 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.