JPMorgan BetaBuilders U.S. Aggregate Bond ETF (NYSEARCA:BBAG) Sees Large Volume Increase – Here’s Why

Shares of JPMorgan BetaBuilders U.S. Aggregate Bond ETF (NYSEARCA:BBAG) saw unusually-strong trading volume on Tuesday . Approximately 495,549 shares traded hands during trading, an increase of 485% from the previous session’s volume of 84,691 shares.The stock last traded at $45.33 and had previously closed at $45.49.

JPMorgan BetaBuilders U.S. Aggregate Bond ETF Stock Performance

The stock has a 50 day simple moving average of $46.04 and a 200-day simple moving average of $46.40.

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

Large investors have recently added to or reduced their stakes in the business. Wealth Alliance Advisory Group LLC boosted its position in shares of JPMorgan BetaBuilders U.S. Aggregate Bond ETF by 7.6% in the fourth quarter. Wealth Alliance Advisory Group LLC now owns 281,948 shares of the company’s stock worth $13,088,000 after purchasing an additional 19,949 shares during the period. Heck Capital Advisors LLC boosted its holdings in JPMorgan BetaBuilders U.S. Aggregate Bond ETF by 13.0% in the 4th quarter. Heck Capital Advisors LLC now owns 216,473 shares of the company’s stock worth $10,067,000 after buying an additional 24,953 shares during the period. Envestnet Asset Management Inc. boosted its holdings in JPMorgan BetaBuilders U.S. Aggregate Bond ETF by 2.8% in the 3rd quarter. Envestnet Asset Management Inc. now owns 1,641,731 shares of the company’s stock worth $76,620,000 after buying an additional 43,992 shares during the period. Northbridge Financial Group LLC bought a new position in JPMorgan BetaBuilders U.S. Aggregate Bond ETF in the 4th quarter worth $645,000. Finally, Triad Wealth Partners LLC boosted its holdings in JPMorgan BetaBuilders U.S. Aggregate Bond ETF by 28.6% in the 4th quarter. Triad Wealth Partners LLC now owns 58,205 shares of the company’s stock worth $2,702,000 after buying an additional 12,955 shares during the period.

About JPMorgan BetaBuilders U.S. Aggregate Bond ETF

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.