JPMorgan BetaBuilders U.S. Aggregate Bond ETF (NYSEARCA:BBAG) Reaches New 1-Year High at $47.08

JPMorgan BetaBuilders U.S. Aggregate Bond ETF (NYSEARCA:BBAG) reached a new 52-week high during mid-day trading on Monday . The company traded as high as $47.08 and last traded at $47.08, with a volume of 4678 shares changing hands. The stock had previously closed at $46.87.

JPMorgan BetaBuilders U.S. Aggregate Bond ETF Trading Down 0.5 %

The stock’s 50-day simple moving average is $45.70 and its 200-day simple moving average is $45.52.

Institutional Investors Weigh In On JPMorgan BetaBuilders U.S. Aggregate Bond ETF

Several institutional investors have recently made changes to their positions in the stock. LGT Financial Advisors LLC increased its stake in JPMorgan BetaBuilders U.S. Aggregate Bond ETF by 179.9% during the 2nd quarter. LGT Financial Advisors LLC now owns 543 shares of the company’s stock worth $25,000 after acquiring an additional 349 shares during the period. Fifth Third Bancorp acquired a new stake in shares of JPMorgan BetaBuilders U.S. Aggregate Bond ETF during the 4th quarter worth $135,000. Strategic Financial Concepts LLC increased its position in shares of JPMorgan BetaBuilders U.S. Aggregate Bond ETF by 1,358.9% in the second quarter. Strategic Financial Concepts LLC now owns 325,503 shares of the company’s stock worth $148,000 after purchasing an additional 303,191 shares during the period. Ignite Planners LLC acquired a new position in JPMorgan BetaBuilders U.S. Aggregate Bond ETF in the second quarter valued at about $209,000. Finally, Valley National Advisers Inc. raised its stake in JPMorgan BetaBuilders U.S. Aggregate Bond ETF by 17.0% in the fourth quarter. Valley National Advisers Inc. now owns 4,759 shares of the company’s stock valued at $221,000 after purchasing an additional 692 shares in the last quarter.

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.