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

Shares of JPMorgan BetaBuilders U.S. Aggregate Bond ETF (NYSEARCA:BBAG) saw an uptick in trading volume on Monday . 1,225,310 shares were traded during mid-day trading, an increase of 568% from the previous session’s volume of 183,360 shares.The stock last traded at $46.07 and had previously closed at $46.41.

JPMorgan BetaBuilders U.S. Aggregate Bond ETF Stock Performance

The firm’s 50-day simple moving average is $45.80 and its 200 day simple moving average is $45.83.

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

A number of institutional investors have recently modified their holdings of the business. JPMorgan Chase & Co. grew its position in JPMorgan BetaBuilders U.S. Aggregate Bond ETF by 12.9% in the third quarter. JPMorgan Chase & Co. now owns 14,534,538 shares of the company’s stock valued at $687,774,000 after acquiring an additional 1,660,554 shares during the last quarter. Strategic Financial Concepts LLC boosted its stake in shares of JPMorgan BetaBuilders U.S. Aggregate Bond ETF by 4,916.8% in the 4th quarter. Strategic Financial Concepts LLC now owns 437,512 shares of the company’s stock valued at $19,767,000 after purchasing an additional 428,791 shares in the last quarter. LPL Financial LLC grew its holdings in shares of JPMorgan BetaBuilders U.S. Aggregate Bond ETF by 14.2% during the 4th quarter. LPL Financial LLC now owns 2,032,437 shares of the company’s stock valued at $91,826,000 after purchasing an additional 252,526 shares during the last quarter. Jane Street Group LLC increased its position in JPMorgan BetaBuilders U.S. Aggregate Bond ETF by 591.2% during the 4th quarter. Jane Street Group LLC now owns 206,292 shares of the company’s stock worth $9,320,000 after purchasing an additional 176,448 shares in the last quarter. Finally, Heck Capital Advisors LLC bought a new position in JPMorgan BetaBuilders U.S. Aggregate Bond ETF in the 4th quarter valued at approximately $7,174,000.

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.