Sage Rhino Capital LLC Sells 47,727 Shares of JPMorgan Inflation Managed Bond ETF $JCPI

Sage Rhino Capital LLC trimmed its stake in JPMorgan Inflation Managed Bond ETF (BATS:JCPI) by 79.2% in the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 12,552 shares of the company’s stock after selling 47,727 shares during the period. Sage Rhino Capital LLC owned about 0.08% of JPMorgan Inflation Managed Bond ETF worth $607,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds have also added to or reduced their stakes in JCPI. International Assets Investment Management LLC bought a new stake in shares of JPMorgan Inflation Managed Bond ETF during the fourth quarter valued at approximately $25,000. Royal Bank of Canada increased its holdings in JPMorgan Inflation Managed Bond ETF by 206.7% during 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 during the 3rd quarter valued at $275,000. Prism Advisors Inc. bought a new stake in JPMorgan Inflation Managed Bond ETF during the 1st quarter valued at $320,000. Finally, Integrated Wealth Concepts LLC purchased a new stake in shares of JPMorgan Inflation Managed Bond ETF in the 1st quarter worth $395,000.

JPMorgan Inflation Managed Bond ETF Price Performance

Shares of JCPI traded down $0.13 during midday trading on Tuesday, reaching $47.74. 8,756 shares of the stock were exchanged, compared to its average volume of 55,975. JPMorgan Inflation Managed Bond ETF has a 52 week low of $47.63 and a 52 week high of $50.95. The company’s 50 day moving average is $48.23 and its two-hundred day moving average is $48.36.

JPMorgan Inflation Managed Bond ETF Company 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.