JPMorgan BetaBuilders U.S. Aggregate Bond ETF (BATS:BBAG) Hits New 52-Week Low – Time to Sell?

JPMorgan BetaBuilders U.S. Aggregate Bond ETF (BATS:BBAG)’s stock price hit a new 52-week low during mid-day trading on Thursday . The stock traded as low as $44.60 and last traded at $44.60, with a volume of 118 shares. The stock had previously closed at $44.90.

JPMorgan BetaBuilders U.S. Aggregate Bond ETF Stock Down 0.1%

The stock has a 50 day moving average price of $45.20 and a 200 day moving average price of $45.75.

Hedge Funds Weigh In On JPMorgan BetaBuilders U.S. Aggregate Bond ETF

Large investors have recently bought and sold shares of the company. Clearwater Capital Advisors LLC boosted its stake in shares of JPMorgan BetaBuilders U.S. Aggregate Bond ETF by 8.5% during the first quarter. Clearwater Capital Advisors LLC now owns 1,201,541 shares of the company’s stock valued at $55,463,000 after purchasing an additional 93,757 shares in the last quarter. Jane Street Group LLC acquired a new position in shares of JPMorgan BetaBuilders U.S. Aggregate Bond ETF in the fourth quarter valued at approximately $19,167,000. Heck Capital Advisors LLC raised its holdings in JPMorgan BetaBuilders U.S. Aggregate Bond ETF by 8.4% in the 2nd quarter. Heck Capital Advisors LLC now owns 236,638 shares of the company’s stock valued at $10,874,000 after buying an additional 18,258 shares during the last quarter. Tradition Wealth Management LLC raised its holdings in JPMorgan BetaBuilders U.S. Aggregate Bond ETF by 5.7% in the 4th quarter. Tradition Wealth Management LLC now owns 211,243 shares of the company’s stock valued at $9,806,000 after buying an additional 11,366 shares during the last quarter. Finally, Citadel Advisors LLC boosted its position in JPMorgan BetaBuilders U.S. Aggregate Bond ETF by 201.6% during the 2nd quarter. Citadel Advisors LLC now owns 110,943 shares of the company’s stock worth $5,098,000 after buying an additional 74,159 shares during the period.

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.