JPMorgan Chase & Co. Reduces Stake in JPMorgan BetaBuilders USD Investment Grade Corporate Bond ETF (NYSEARCA:BBCB)

JPMorgan Chase & Co. lessened its stake in shares of JPMorgan BetaBuilders USD Investment Grade Corporate Bond ETF (NYSEARCA:BBCB) by 16.2% in the third quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 79,415 shares of the company’s stock after selling 15,355 shares during the quarter. JPMorgan Chase & Co. owned about 7.35% of JPMorgan BetaBuilders USD Investment Grade Corporate Bond ETF worth $3,728,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. CreativeOne Wealth LLC grew its stake in JPMorgan BetaBuilders USD Investment Grade Corporate Bond ETF by 8.9% during the third quarter. CreativeOne Wealth LLC now owns 8,546 shares of the company’s stock valued at $401,000 after acquiring an additional 698 shares in the last quarter. Janney Montgomery Scott LLC increased its holdings in shares of JPMorgan BetaBuilders USD Investment Grade Corporate Bond ETF by 5.2% in the third quarter. Janney Montgomery Scott LLC now owns 22,806 shares of the company’s stock worth $1,071,000 after purchasing an additional 1,122 shares during the period. Jane Street Group LLC raised its position in shares of JPMorgan BetaBuilders USD Investment Grade Corporate Bond ETF by 76.4% in the third quarter. Jane Street Group LLC now owns 51,766 shares of the company’s stock worth $2,430,000 after buying an additional 22,412 shares in the last quarter. Jmac Enterprises LLC boosted its stake in JPMorgan BetaBuilders USD Investment Grade Corporate Bond ETF by 10.2% during the third quarter. Jmac Enterprises LLC now owns 64,810 shares of the company’s stock valued at $3,043,000 after buying an additional 6,012 shares during the period. Finally, Envestnet Asset Management Inc. grew its position in JPMorgan BetaBuilders USD Investment Grade Corporate Bond ETF by 8.2% during the second quarter. Envestnet Asset Management Inc. now owns 131,345 shares of the company’s stock worth $5,897,000 after buying an additional 9,913 shares in the last quarter.

JPMorgan BetaBuilders USD Investment Grade Corporate Bond ETF Stock Up 0.1 %

NYSEARCA:BBCB opened at $44.76 on Friday. JPMorgan BetaBuilders USD Investment Grade Corporate Bond ETF has a twelve month low of $43.98 and a twelve month high of $47.24. The business’s 50-day moving average price is $45.20 and its two-hundred day moving average price is $45.76.

JPMorgan BetaBuilders USD Investment Grade Corporate Bond ETF Profile

The JPMorgan BetaBuilders USD Investment Grade Corporate Bond ETF (BBCB) is an exchange-traded fund that is based on the Bloomberg U.S. Corporate Bond 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.