WCG Wealth Advisors LLC Invests $5.86 Million in JPMorgan BetaBuilders USD High Yield Corporate Bond ETF $BBHY

WCG Wealth Advisors LLC acquired a new position in JPMorgan BetaBuilders USD High Yield Corporate Bond ETF (BATS:BBHY) during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor acquired 126,113 shares of the company’s stock, valued at approximately $5,864,000.

Other large investors have also recently made changes to their positions in the company. Envestnet Asset Management Inc. lifted its holdings in shares of JPMorgan BetaBuilders USD High Yield Corporate Bond ETF by 18.0% in the 3rd quarter. Envestnet Asset Management Inc. now owns 377,766 shares of the company’s stock worth $17,755,000 after acquiring an additional 57,572 shares during the last quarter. Vawter Financial Ltd. lifted its holdings in shares of JPMorgan BetaBuilders USD High Yield Corporate Bond ETF by 1,693.1% in the 3rd quarter. Vawter Financial Ltd. now owns 102,513 shares of the company’s stock worth $4,818,000 after acquiring an additional 96,796 shares during the last quarter. JPMorgan Chase & Co. lifted its holdings in shares of JPMorgan BetaBuilders USD High Yield Corporate Bond ETF by 9.6% in the 3rd quarter. JPMorgan Chase & Co. now owns 2,290,150 shares of the company’s stock worth $107,637,000 after acquiring an additional 200,915 shares during the last quarter. Royal Fund Management LLC lifted its holdings in shares of JPMorgan BetaBuilders USD High Yield Corporate Bond ETF by 171.3% in the 4th quarter. Royal Fund Management LLC now owns 112,796 shares of the company’s stock worth $5,245,000 after acquiring an additional 71,216 shares during the last quarter. Finally, HighTower Advisors LLC lifted its holdings in shares of JPMorgan BetaBuilders USD High Yield Corporate Bond ETF by 3.3% in the 4th quarter. HighTower Advisors LLC now owns 486,077 shares of the company’s stock worth $22,603,000 after acquiring an additional 15,562 shares during the last quarter.

JPMorgan BetaBuilders USD High Yield Corporate Bond ETF Stock Performance

Shares of BBHY stock opened at $45.95 on Friday. The firm’s 50 day moving average price is $46.02 and its 200-day moving average price is $46.32. JPMorgan BetaBuilders USD High Yield Corporate Bond ETF has a one year low of $45.23 and a one year high of $47.11. The firm has a market cap of $451.69 million, a P/E ratio of 60.43 and a beta of 0.40.

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. BBHY was launched on Sep 14, 2016 and is managed by JPMorgan Chase.