JPLD Stock Summary and Trading Ideas (J.P. Morgan Exchange-Traded Trust JPMorgan Limited Duration Bond ETF | BATS:JPLD)

The Fund mainly invests in mortgage-backed securities, asset-backed securities, mortgage-related securities, adjustable rate mortgages, money market instruments, and structured investments. These investments may be structured as collateralized mortgage obligations (agency and non-agency), stripped mortgage-backed securities, commercial mortgage-backed securities, and mortgage pass-through securities. These securities may be structured such that payments consist of interest- only (IO), principal-only (PO) or principal and interest. The Fund invests in fixed and floating rate debt securities representing an interest in or secured by residential mortgage loans. These securities often are issued or guaranteed by the U.S. government, its agencies or instrumentalities such as the Government National Mortgage Association (Ginnie Mae), the Federal National Mortgage Association (Fannie Mae) or the Federal Home Loan Mortgage Corporation (Freddie Mac). However, the Fund may also purchase mortgage-backed securities and asset-backed securities that are issued by non-governmental entities. Such securities may or may not have private insurer guarantees of timely payments.

J.P. Morgan Exchange-Traded Trust JPMorgan Limited Duration Bond ETF trades on the BATS stock market under the symbol JPLD.

As of December 12, 2024, JPLD stock price climbed to $51.73 with 43,310 million shares trading.

JPLD has a beta of 0.03, meaning it tends to be less sensitive to market movements. JPLD has a correlation of 0.04 to the broad based SPY ETF.

JPLD has a market cap of $938.03 million. This is considered a Small Cap stock.

JPLD has underperformed the market in the last year with a price return of +7.5% while the SPY ETF gained +31.7%. JPLD has also underperformed the stock market ETF in the last 3 month and 2 week periods returning +0.6% and +0.4%, respectively, while the SPY returned +8.4% and +0.9%, respectively.

JPLD support price is $51.64 and resistance is $51.80 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that JPLD shares will trade within this expected range on the day.