JPMorgan BetaBuilders U.S. Aggregate Bond ETF (NYSEARCA:BBAG) Sees Unusually-High Trading Volume – Here’s What Happened
by Teresa Graham · The Cerbat GemJPMorgan BetaBuilders U.S. Aggregate Bond ETF (NYSEARCA:BBAG – Get Free Report) shares saw strong trading volume on Friday . 38,751 shares were traded during trading, a decline of 51% from the previous session’s volume of 79,684 shares.The stock last traded at $46.15 and had previously closed at $46.14.
JPMorgan BetaBuilders U.S. Aggregate Bond ETF Trading Down 0.1%
The stock’s fifty day moving average is $46.42 and its two-hundred day moving average is $46.55.
Hedge Funds Weigh In On JPMorgan BetaBuilders U.S. Aggregate Bond ETF
Several institutional investors and hedge funds have recently modified their holdings of BBAG. Integrated Wealth Concepts LLC raised its stake in JPMorgan BetaBuilders U.S. Aggregate Bond ETF by 19.3% in the 1st quarter. Integrated Wealth Concepts LLC now owns 12,091 shares of the company’s stock worth $558,000 after purchasing an additional 1,954 shares in the last quarter. Goldman Sachs Group Inc. acquired a new stake in JPMorgan BetaBuilders U.S. Aggregate Bond ETF in the 1st quarter worth about $916,000. Bank of America Corp DE raised its stake in JPMorgan BetaBuilders U.S. Aggregate Bond ETF by 16.8% in the 2nd quarter. Bank of America Corp DE now owns 41,829 shares of the company’s stock worth $1,931,000 after purchasing an additional 6,028 shares in the last quarter. Great Valley Advisor Group Inc. acquired a new stake in JPMorgan BetaBuilders U.S. Aggregate Bond ETF in the 2nd quarter worth about $982,000. Finally, MML Investors Services LLC lifted its position in JPMorgan BetaBuilders U.S. Aggregate Bond ETF by 94.5% during the second quarter. MML Investors Services LLC now owns 95,877 shares of the company’s stock worth $4,427,000 after purchasing an additional 46,583 shares during the period.
JPMorgan BetaBuilders U.S. Aggregate Bond ETF Company Profile
The JPMorgan BetaBuilders U.S. Aggregate Bond ETF (BBAG) is an exchange-traded fund that is based on the Bloomberg U.S. Aggregate Bond index. The fund tracks a market-cap weighted index to provide exposure to investment grade, USD-denominated debt securities from government and corporate issuers. The fund may invest in securities of any maturity. BBAG was launched on Dec 12, 2018 and is managed by JPMorgan Chase.