Janus Henderson Mortgage-Backed Securities ETF (NYSEARCA:JMBS) Shares Cross Below 50-Day Moving Average – Here’s Why

Janus Henderson Mortgage-Backed Securities ETF (NYSEARCA:JMBS – Get Free Report)’s share price crossed below its fifty day moving average during trading on Thursday. The stock has a fifty day moving average of $43.10 and traded as low as $42.82. Janus Henderson Mortgage-Backed Securities ETF shares last traded at $42.83, with a volume of 721,824 shares changing hands.

Janus Henderson Mortgage-Backed Securities ETF Price Performance

The company has a 50 day moving average of $43.10 and a 200 day moving average of $44.66.

Institutional Trading of Janus Henderson Mortgage-Backed Securities ETF

Several hedge funds and other institutional investors have recently added to or reduced their stakes in JMBS. Corient Private Wealth LP increased its stake 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 during the last quarter. Albion Financial Group UT acquired a new stake in shares of Janus Henderson Mortgage-Backed Securities ETF in the third quarter worth approximately $29,527,000. Arvest Investments Inc. acquired a new stake in shares of Janus Henderson Mortgage-Backed Securities ETF in the third quarter worth approximately $28,814,000. Legacy Private Trust Co. acquired a new stake in shares of Janus Henderson Mortgage-Backed Securities ETF in the third quarter worth approximately $22,562,000. Finally, HighTower Advisors LLC acquired a new stake in shares of Janus Henderson Mortgage-Backed Securities ETF in the third quarter worth approximately $22,525,000.

About Janus Henderson Mortgage-Backed Securities ETF

(Get Free Report)

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.

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