Kavar Capital Partners Group LLC Invests $1.13 Million in JPMorgan Inflation Managed Bond ETF $JCPI

Kavar Capital Partners Group LLC acquired a new stake in shares of JPMorgan Inflation Managed Bond ETF (BATS:JCPI) in the 1st quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund acquired 23,336 shares of the company’s stock, valued at approximately $1,129,000.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. International Assets Investment Management LLC purchased a new stake in JPMorgan Inflation Managed Bond ETF in the fourth quarter worth approximately $25,000. Royal Bank of Canada grew its position in JPMorgan Inflation Managed Bond ETF by 206.7% in the 4th quarter. Royal Bank of Canada now owns 1,009 shares of the company’s stock worth $49,000 after purchasing an additional 680 shares during the period. Citadel Advisors LLC bought a new stake in JPMorgan Inflation Managed Bond ETF in the 3rd quarter worth approximately $275,000. Integrated Wealth Concepts LLC purchased a new stake in JPMorgan Inflation Managed Bond ETF during the 1st quarter valued at $395,000. Finally, Lido Advisors LLC purchased a new stake in JPMorgan Inflation Managed Bond ETF during the 3rd quarter valued at $465,000.

JPMorgan Inflation Managed Bond ETF Price Performance

BATS JCPI opened at $47.92 on Friday. The business’s fifty day moving average price is $48.39 and its 200-day moving average price is $48.40. JPMorgan Inflation Managed Bond ETF has a 1-year low of $47.57 and a 1-year high of $50.95.

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.