Sigma Planning Corp acquired a new stake in JPMorgan BetaBuilders USD High Yield Corporate Bond ETF (BATS:BBHY – Free Report) in the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor acquired 26,584 shares of the company’s stock, valued at approximately $1,180,000.
A number of other institutional investors have also modified their holdings of the business. Envestnet Asset Management Inc. raised its position in JPMorgan BetaBuilders USD High Yield Corporate Bond ETF by 19.7% in the 2nd quarter. Envestnet Asset Management Inc. now owns 1,690,097 shares of the company’s stock valued at $80,375,000 after purchasing an additional 278,306 shares during the last quarter. Highland Investment Advisors LLC acquired a new position in JPMorgan BetaBuilders USD High Yield Corporate Bond ETF in the second quarter valued at $5,513,000. Integrated Wealth Concepts LLC increased its position in JPMorgan BetaBuilders USD High Yield Corporate Bond ETF by 480.4% in the 2nd quarter. Integrated Wealth Concepts LLC now owns 119,027 shares of the company’s stock valued at $5,487,000 after acquiring an additional 98,521 shares during the period. Albion Financial Group UT acquired a new stake in JPMorgan BetaBuilders USD High Yield Corporate Bond ETF during the 3rd quarter worth approximately $2,434,000. Finally, Citadel Advisors LLC acquired a new stake in JPMorgan BetaBuilders USD High Yield Corporate Bond ETF during the 2nd quarter worth approximately $953,000.
JPMorgan BetaBuilders USD High Yield Corporate Bond ETF Stock Performance
BATS:BBHY opened at $44.51 on Friday. JPMorgan BetaBuilders USD High Yield Corporate Bond ETF has a 12-month low of $43.88 and a 12-month high of $46.88. The stock’s 50 day simple moving average is $44.87 and its 200-day simple moving average is $45.79. The firm has a market cap of $437.53 million, a P/E ratio of 60.43 and a beta of 0.40.
JPMorgan BetaBuilders USD High Yield Corporate Bond ETF Company Profile
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.
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