JPMorgan Limited Duration Bond ETF (BATS:JPLD) Sets New 52-Week Low – What’s Next?

JPMorgan Limited Duration Bond ETF (BATS:JPLD) shares reached a new 52-week low on Wednesday . The company traded as low as $51.90 and last traded at $51.95, with a volume of 169277 shares traded. The stock had previously closed at $51.97.

JPMorgan Limited Duration Bond ETF Stock Performance

The firm has a fifty day moving average of $52.09 and a 200-day moving average of $52.28.

Institutional Investors Weigh In On JPMorgan Limited Duration Bond ETF

Several institutional investors and hedge funds have recently made changes to their positions in the business. First Commonwealth Financial Corp PA purchased a new stake in shares of JPMorgan Limited Duration Bond ETF in the third quarter valued at about $853,000. HighTower Advisors LLC increased its stake in shares of JPMorgan Limited Duration Bond ETF by 18.7% during the 4th quarter. HighTower Advisors LLC now owns 288,137 shares of the company’s stock worth $15,081,000 after purchasing an additional 45,377 shares in the last quarter. WJ Wealth Management LLC acquired a new position in shares of JPMorgan Limited Duration Bond ETF during the 3rd quarter worth approximately $651,000. Schiavi & Co LLC lifted its stake in JPMorgan Limited Duration Bond ETF by 9.4% in the 4th quarter. Schiavi & Co LLC now owns 805,931 shares of the company’s stock valued at $42,181,000 after buying an additional 69,539 shares in the last quarter. Finally, Farther Finance Advisors LLC acquired a new stake in JPMorgan Limited Duration Bond ETF during the 4th quarter valued at $5,472,000.

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.