JPMorgan Limited Duration Bond ETF (NYSEARCA:JPLD) Stock Price Crosses Above Fifty Day Moving Average – Here’s What Happened

JPMorgan Limited Duration Bond ETF (NYSEARCA:JPLD – Get Free Report)’s stock price passed above its 50 day moving average during trading on Thursday. The stock has a 50 day moving average of $51.54 and traded as high as $51.63. JPMorgan Limited Duration Bond ETF shares last traded at $51.60, with a volume of 371,874 shares changing hands.

JPMorgan Limited Duration Bond ETF Stock Up 0.2%

The company’s fifty day simple moving average is $51.54 and its 200 day simple moving average is $52.04.

Institutional Investors Weigh In On JPMorgan Limited Duration Bond ETF

A number of institutional investors and hedge funds have recently made changes to their positions in JPLD. Planning Project LLC bought a new stake in JPMorgan Limited Duration Bond ETF during the second quarter valued at $696,000. Juno Financial Group LLC purchased a new position in JPMorgan Limited Duration Bond ETF during the first quarter worth about $8,687,000. Scott Capital Advisors LLC increased its stake in JPMorgan Limited Duration Bond ETF by 720.9% in the 2nd quarter. Scott Capital Advisors LLC now owns 321,805 shares of the company’s stock worth $16,795,000 after acquiring an additional 282,602 shares during the last quarter. Insight Wealth Partners LLC increased its stake in JPMorgan Limited Duration Bond ETF by 21.1% in the 3rd quarter. Insight Wealth Partners LLC now owns 64,488 shares of the company’s stock worth $3,315,000 after acquiring an additional 11,220 shares during the last quarter. Finally, Kintra Wealth LLC bought a new position in JPMorgan Limited Duration Bond ETF in the 2nd quarter worth about $5,139,000.

JPMorgan Limited Duration Bond ETF Company Profile

(Get Free Report)

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.

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