JPMorgan Limited Duration Bond ETF (BATS:JPLD) Sets New 52-Week Low – Time to Sell?

JPMorgan Limited Duration Bond ETF (BATS:JPLD) hit a new 52-week low on Tuesday . The stock traded as low as $51.88 and last traded at $51.90, with a volume of 302089 shares traded. The stock had previously closed at $51.94.

JPMorgan Limited Duration Bond ETF Stock Down 0.1%

The business has a 50 day simple moving average of $52.06 and a 200-day simple moving average of $52.27.

Institutional Trading of JPMorgan Limited Duration Bond ETF

A number of large investors have recently modified their holdings of the company. Wagner Wealth Management LLC acquired a new position in JPMorgan Limited Duration Bond ETF during the 1st quarter valued at about $45,000. Cedar Mountain Advisors LLC acquired a new stake in shares of JPMorgan Limited Duration Bond ETF in the fourth quarter valued at approximately $50,000. Bogart Wealth LLC acquired a new stake in shares of JPMorgan Limited Duration Bond ETF in the first quarter valued at approximately $52,000. Sound Income Strategies LLC bought a new stake in shares of JPMorgan Limited Duration Bond ETF during the first quarter valued at approximately $74,000. Finally, Portfolio Resources Advisor Group Inc. bought a new stake in shares of JPMorgan Limited Duration Bond ETF during the fourth quarter valued at approximately $81,000.

About JPMorgan Limited Duration Bond ETF

The JPMorgan Limited Duration Bond ETF (JPLD) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund is an actively managed fund that invests mainly in a broad portfolio of investment grade asset-backed and mortgage-backed securities with an average duration of three years or less. JPLD was launched on Jul 28, 2023 and is issued by JPMorgan Chase.