Massmutual Trust Co. FSB ADV Acquires New Position in JPMorgan BetaBuilders USD Investment Grade Corporate Bond ETF (NYSEARCA:BBCB)

Massmutual Trust Co. FSB ADV purchased a new position in JPMorgan BetaBuilders USD Investment Grade Corporate Bond ETF (NYSEARCA:BBCB) in the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor purchased 1,064 shares of the company’s stock, valued at approximately $48,000. Massmutual Trust Co. FSB ADV owned 0.10% of JPMorgan BetaBuilders USD Investment Grade Corporate Bond ETF at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in the business. Jmac Enterprises LLC boosted its stake in JPMorgan BetaBuilders USD Investment Grade Corporate Bond ETF by 13.7% in the 4th quarter. Jmac Enterprises LLC now owns 42,998 shares of the company’s stock worth $1,986,000 after purchasing an additional 5,186 shares during the period. CreativeOne Wealth LLC bought a new position in JPMorgan BetaBuilders USD Investment Grade Corporate Bond ETF in the 1st quarter worth approximately $334,000. Finally, Truist Financial Corp boosted its stake in JPMorgan BetaBuilders USD Investment Grade Corporate Bond ETF by 6.4% in the 4th quarter. Truist Financial Corp now owns 124,211 shares of the company’s stock worth $5,737,000 after purchasing an additional 7,509 shares during the period.

JPMorgan BetaBuilders USD Investment Grade Corporate Bond ETF Trading Down 0.6 %

NYSEARCA BBCB opened at $45.72 on Wednesday. The stock has a 50 day moving average price of $45.19 and a 200-day moving average price of $45.07. JPMorgan BetaBuilders USD Investment Grade Corporate Bond ETF has a one year low of $41.88 and a one year high of $46.57.

About JPMorgan BetaBuilders USD Investment Grade Corporate Bond ETF

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.