Janus Henderson Mortgage-Backed Securities ETF (NYSEARCA:JMBS) Hits New 52-Week Low – Should You Sell?

Janus Henderson Mortgage-Backed Securities ETF (NYSEARCA:JMBS) shares hit a new 52-week low on Wednesday. The company traded as low as $43.20 and last traded at $43.2150, with a volume of 270365 shares changing hands. The stock had previously closed at $43.53.

Janus Henderson Mortgage-Backed Securities ETF Stock Down 0.9%

The business’s 50-day moving average price is $44.17 and its 200-day moving average price is $44.83.

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

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Corient Private Wealth LP grew its holdings in shares of Janus Henderson Mortgage-Backed Securities ETF by 57.6% during the 2nd quarter. Corient Private Wealth LP now owns 3,321,191 shares of the company’s stock valued at $149,523,000 after acquiring an additional 1,214,435 shares in the last quarter. Focus Partners Wealth purchased a new stake in shares of Janus Henderson Mortgage-Backed Securities ETF during the fourth quarter worth $128,206,000. Gradient Investments LLC boosted its position in Janus Henderson Mortgage-Backed Securities ETF by 14.6% during the second quarter. Gradient Investments LLC now owns 2,688,767 shares of the company’s stock valued at $120,968,000 after purchasing an additional 341,852 shares during the last quarter. Envestnet Asset Management Inc. boosted its position in Janus Henderson Mortgage-Backed Securities ETF by 1.9% during the second quarter. Envestnet Asset Management Inc. now owns 2,420,928 shares of the company’s stock valued at $108,918,000 after purchasing an additional 45,839 shares during the last quarter. Finally, Modern Wealth Management LLC grew its stake in Janus Henderson Mortgage-Backed Securities ETF by 14.6% in the first quarter. Modern Wealth Management LLC now owns 1,996,621 shares of the company’s stock valued at $90,267,000 after purchasing an additional 253,824 shares in the last quarter.

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.