JPMorgan BetaBuilders U.S. Aggregate Bond ETF (NYSEARCA:BBAG) Sees Unusually-High Trading Volume – Time to Buy?
by Doug Wharley · The Cerbat GemShares of JPMorgan BetaBuilders U.S. Aggregate Bond ETF (NYSEARCA:BBAG – Get Free Report) saw unusually-strong trading volume on Friday . Approximately 735,085 shares changed hands during trading, an increase of 825% from the previous session’s volume of 79,474 shares.The stock last traded at $46.21 and had previously closed at $46.18.
JPMorgan BetaBuilders U.S. Aggregate Bond ETF Trading Up 0.1%
The firm’s 50-day simple moving average is $46.37 and its 200 day simple moving average is $46.52.
Institutional Trading of JPMorgan BetaBuilders U.S. Aggregate Bond ETF
Large investors have recently made changes to their positions in the company. Jane Street Group LLC bought a new stake in shares of JPMorgan BetaBuilders U.S. Aggregate Bond ETF in the fourth quarter worth about $19,167,000. Apella Capital LLC boosted its stake in shares of JPMorgan BetaBuilders U.S. Aggregate Bond ETF by 245.7% during the 3rd quarter. Apella Capital LLC now owns 366,095 shares of the company’s stock worth $17,192,000 after buying an additional 260,186 shares during the last quarter. JPMorgan Chase & Co. boosted its stake in shares of JPMorgan BetaBuilders U.S. Aggregate Bond ETF by 2.0% during the 3rd quarter. JPMorgan Chase & Co. now owns 4,928,102 shares of the company’s stock worth $229,995,000 after buying an additional 97,648 shares during the last quarter. Kestra Advisory Services LLC acquired a new position in shares of JPMorgan BetaBuilders U.S. Aggregate Bond ETF during the 4th quarter worth about $4,294,000. Finally, Clearwater Capital Advisors LLC raised its holdings in shares of JPMorgan BetaBuilders U.S. Aggregate Bond ETF by 6.3% in the 4th quarter. Clearwater Capital Advisors LLC now owns 1,107,784 shares of the company’s stock valued at $51,423,000 after purchasing an additional 65,989 shares during the period.
About JPMorgan BetaBuilders U.S. Aggregate Bond ETF
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.