Janus Henderson Mortgage-Backed Securities ETF Offers Trading Opportunities

Janus Henderson Mortgage-Backed Securities ETF (JMBS) presents trading opportunities near $43.1 and $44.41 levels. Institutional investors, including Cwm LLC and United Asset Strategies Inc., have recently increased their stakes in JMBS.

Nitish Verma
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Janus Henderson Mortgage-Backed Securities ETF Offers Trading Opportunities

Janus Henderson Mortgage-Backed Securities ETF Offers Trading Opportunities

The Janus Henderson Mortgage-Backed Securities ETF (NASDAQ: JMBS) is presenting potential trading opportunities based on recent signals. Analysts suggest buying JMBS near $43.1 with an upside target of $44.41 and setting a stop loss at $42.98. Alternatively, shorting the ETF near $44.41 with a downside target of $43.1 and a stop loss at $44.54 could be a profitable strategy.

Why this matters: The trading signals and institutional activity surrounding JMBS can have a ripple effect on the broadermortgage-backed securities market, influencing investor sentiment and potentially impacting the overall economy. As a result, monitoring JMBS's performance can provide valuable insights into the health of the financial sector.

Several institutional investors have been actively trading JMBS shares in recent months. Cwm LLC boosted its holdings in JMBS by 1,098.2% in the fourth quarter, now owning 659 shares worth $30,000. Signaturefd LLC grew its stake by 108.9% to 729 shares valued at $33,000. Allworth Financial LP increased its position by 47.8% in the third quarter and holds 826 shares worth $36,000. Blue Trust Inc. expanded its holdings by 200.3% to 1,201 shares valued at $52,000 in the fourth quarter.

CoreCap Advisors LLC and United Asset Strategies Inc. have also taken new positions in JMBS. CoreCap acquired shares worth approximately $209,000, while United Asset Strategies bought JMBS shares valued at around $229,000 in the fourth quarter.

JMBS opened at $44.13 on Friday, May 10th. The ETF's 50-day simple moving average stands at $44.43, with the 200-day average at $44.63. Over the past year, JMBS has traded between a low of $41.58 and a high of $46.81. The fund recently paid a dividend of $0.1941 per share on April 5th, with an ex-dividend date of April 1st.

The Janus Henderson Mortgage-Backed Securities ETF, launched on September 12, 2018, is an actively managed fund that seeks to provide a high level of total return. JMBS invests in mortgage-backed securities based on the Bloomberg U.S. MBS index. Janus Henderson, the fund's manager, aims to capitalize on opportunities in the mortgage-backed securities market.

With JMBS trading near key levels, investors are closely monitoring the ETF for potential entry and exit points. The recent institutional activity and trading signals suggest that JMBS could offer profitable opportunities in the near term. However, as with any investment, careful analysis and risk management are essential.

Key Takeaways

  • Buy JMBS near $43.1 with upside target $44.41 and stop loss $42.98.
  • Short JMBS near $44.41 with downside target $43.1 and stop loss $44.54.
  • Institutional investors boosted JMBS holdings, including Cwm LLC and Signaturefd LLC.
  • JMBS trades near key levels, with 50-day SMA $44.43 and 200-day SMA $44.63.
  • JMBS seeks high total return through mortgage-backed securities investment.