Janus Henderson AAA CLO ETF (NYSEARCA:JAAA) Sees Strong Trading Volume – Still a Buy?

Janus Henderson AAA CLO ETF (NYSEARCA:JAAA) shares saw unusually-high trading volume on Friday . Approximately 4,300,374 shares were traded during mid-day trading, an increase of 80% from the previous session’s volume of 2,389,790 shares.The stock last traded at $50.68 and had previously closed at $50.65.

Janus Henderson AAA CLO ETF Trading Up 0.0 %

The company’s fifty day simple moving average is $50.79 and its two-hundred day simple moving average is $50.76.

Hedge Funds Weigh In On Janus Henderson AAA CLO ETF

Several hedge funds have recently added to or reduced their stakes in JAAA. Sachetta LLC purchased a new position in Janus Henderson AAA CLO ETF during the 2nd quarter valued at about $26,000. Thurston Springer Miller Herd & Titak Inc. purchased a new stake in Janus Henderson AAA CLO ETF in the second quarter valued at approximately $53,000. Financial Gravity Asset Management Inc. acquired a new position in Janus Henderson AAA CLO ETF during the second quarter valued at approximately $54,000. IAG Wealth Partners LLC acquired a new position in Janus Henderson AAA CLO ETF during the second quarter valued at approximately $79,000. Finally, Cove Street Capital LLC acquired a new position in Janus Henderson AAA CLO ETF during the first quarter valued at approximately $96,000.

Janus Henderson AAA CLO ETF Company Profile

The Janus Henderson AAA CLO ETF (JAAA) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund seeks to provide current income by actively selecting investment-grade floating rate collateralized loan obligations (CLO) securities of various maturities from issuers around the globe.