JPMorgan Chase & Co. Increases Position in JPMorgan BetaBuilders USD High Yield Corporate Bond ETF (BATS:BBHY)

JPMorgan Chase & Co. boosted its position in JPMorgan BetaBuilders USD High Yield Corporate Bond ETF (BATS:BBHY) by 21.5% in the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 14,651,543 shares of the company’s stock after purchasing an additional 2,589,512 shares during the period. JPMorgan Chase & Co. owned about 0.60% of JPMorgan BetaBuilders USD High Yield Corporate Bond ETF worth $693,897,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the company. LGT Financial Advisors LLC grew its stake in JPMorgan BetaBuilders USD High Yield Corporate Bond ETF by 62.3% in the 3rd quarter. LGT Financial Advisors LLC now owns 1,000 shares of the company’s stock valued at $47,000 after acquiring an additional 384 shares during the last quarter. Continuum Advisory LLC lifted its holdings in shares of JPMorgan BetaBuilders USD High Yield Corporate Bond ETF by 37.8% in the third quarter. Continuum Advisory LLC now owns 1,065 shares of the company’s stock valued at $50,000 after purchasing an additional 292 shares in the last quarter. Richardson Financial Services Inc. grew its position in shares of JPMorgan BetaBuilders USD High Yield Corporate Bond ETF by 26.7% in the second quarter. Richardson Financial Services Inc. now owns 3,514 shares of the company’s stock valued at $161,000 after purchasing an additional 740 shares during the last quarter. Sound Income Strategies LLC grew its position in shares of JPMorgan BetaBuilders USD High Yield Corporate Bond ETF by 3,847.3% in the third quarter. Sound Income Strategies LLC now owns 3,592 shares of the company’s stock valued at $170,000 after purchasing an additional 3,501 shares during the last quarter. Finally, Lake Street Private Wealth LLC acquired a new position in shares of JPMorgan BetaBuilders USD High Yield Corporate Bond ETF during the 3rd quarter worth approximately $211,000.

JPMorgan BetaBuilders USD High Yield Corporate Bond ETF Stock Performance

Shares of BATS:BBHY opened at $46.36 on Friday. The company’s 50 day moving average is $46.67 and its two-hundred day moving average is $46.52.

About JPMorgan BetaBuilders USD High Yield Corporate Bond ETF

The JPMorgan BetaBuilders USD High Yield Corporate Bond ETF (BBHY) is an exchange-traded fund that is based on the ICE BofA US High Yield index. The fund seeks to track a market-cap weighted index to provide exposure to high-yield, USD-denominated corporate debt securities. The fund invests in securities with maturities of at least 18 months.