JPMorgan BetaBuilders U.S. Aggregate Bond ETF (NYSEARCA:BBAG) Sees Large Volume Increase – Time to Buy?

JPMorgan BetaBuilders U.S. Aggregate Bond ETF (NYSEARCA:BBAG) saw an uptick in trading volume on Monday . 888,284 shares changed hands during mid-day trading, an increase of 421% from the previous session’s volume of 170,386 shares.The stock last traded at $46.09 and had previously closed at $46.02.

JPMorgan BetaBuilders U.S. Aggregate Bond ETF Price Performance

The stock’s 50-day simple moving average is $45.69 and its 200 day simple moving average is $45.92.

Institutional Inflows and Outflows

A number of large investors have recently added to or reduced their stakes in the company. Rosenberg Matthew Hamilton purchased a new position in shares of JPMorgan BetaBuilders U.S. Aggregate Bond ETF in the fourth quarter valued at approximately $67,000. Commonwealth Equity Services LLC acquired a new position in shares of JPMorgan BetaBuilders U.S. Aggregate Bond ETF in the fourth quarter worth $210,000. Bouchey Financial Group Ltd purchased a new stake in shares of JPMorgan BetaBuilders U.S. Aggregate Bond ETF during the fourth quarter worth $213,000. 5T Wealth LLC acquired a new stake in shares of JPMorgan BetaBuilders U.S. Aggregate Bond ETF in the fourth quarter valued at $230,000. Finally, Private Advisor Group LLC boosted its holdings in JPMorgan BetaBuilders U.S. Aggregate Bond ETF by 19.1% in the fourth quarter. Private Advisor Group LLC now owns 5,127 shares of the company’s stock valued at $232,000 after purchasing an additional 824 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.