JPMorgan BetaBuilders U.S. Aggregate Bond ETF (NYSEARCA:BBAG) Sets New 12-Month Low – Should You Sell?

Shares of JPMorgan BetaBuilders U.S. Aggregate Bond ETF (NYSEARCA:BBAG) hit a new 52-week low during trading on Wednesday . The stock traded as low as $45.28 and last traded at $45.29, with a volume of 2012 shares. The stock had previously closed at $45.41.

JPMorgan BetaBuilders U.S. Aggregate Bond ETF Stock Performance

The stock’s 50 day simple moving average is $45.70 and its two-hundred day simple moving average is $46.13.

Institutional Trading of JPMorgan BetaBuilders U.S. Aggregate Bond ETF

Institutional investors have recently made changes to their positions in the business. Integrated Wealth Concepts LLC raised its position in JPMorgan BetaBuilders U.S. Aggregate Bond ETF by 19.3% in the first 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. bought a new stake in shares of JPMorgan BetaBuilders U.S. Aggregate Bond ETF in the 1st quarter valued at approximately $916,000. Bank of America Corp DE grew its stake in shares of 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 valued at $1,931,000 after purchasing an additional 6,028 shares during the period. Great Valley Advisor Group Inc. acquired a new position in shares of JPMorgan BetaBuilders U.S. Aggregate Bond ETF in the 2nd quarter worth approximately $982,000. Finally, MML Investors Services LLC raised its holdings in shares of JPMorgan BetaBuilders U.S. Aggregate Bond ETF by 94.5% in the 2nd quarter. MML Investors Services LLC now owns 95,877 shares of the company’s stock worth $4,427,000 after buying an additional 46,583 shares in the last quarter.

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.