Simmons Bank Has $1.44 Million Position in JPMorgan BetaBuilders USD High Yield Corporate Bond ETF $BBHY

Simmons Bank lowered its stake in JPMorgan BetaBuilders USD High Yield Corporate Bond ETF (BATS:BBHY) by 6.2% during the second quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 30,969 shares of the company’s stock after selling 2,056 shares during the quarter. Simmons Bank owned approximately 0.32% of JPMorgan BetaBuilders USD High Yield Corporate Bond ETF worth $1,444,000 as of its most recent SEC filing.

Other institutional investors have also added to or reduced their stakes in the company. Capital Investment Advisory Services LLC acquired a new position in shares of JPMorgan BetaBuilders USD High Yield Corporate Bond ETF in the first quarter valued at $84,000. Jones Financial Companies Lllp acquired a new position in JPMorgan BetaBuilders USD High Yield Corporate Bond ETF in the 1st quarter valued at about $109,000. Acorn Financial Advisory Services Inc. ADV acquired a new position in JPMorgan BetaBuilders USD High Yield Corporate Bond ETF in the 2nd quarter valued at about $211,000. Atria Wealth Solutions Inc. acquired a new position in shares of JPMorgan BetaBuilders USD High Yield Corporate Bond ETF in the second quarter valued at approximately $218,000. Finally, IFP Advisors Inc grew its position in shares of JPMorgan BetaBuilders USD High Yield Corporate Bond ETF by 18.9% in the second quarter. IFP Advisors Inc now owns 4,678 shares of the company’s stock valued at $218,000 after purchasing an additional 743 shares during the last quarter.

JPMorgan BetaBuilders USD High Yield Corporate Bond ETF Price Performance

Shares of BATS BBHY opened at $46.32 on Thursday. The stock’s fifty day moving average price is $46.76 and its two-hundred day moving average price is $46.35. JPMorgan BetaBuilders USD High Yield Corporate Bond ETF has a one year low of $43.49 and a one year high of $47.39. The firm has a market cap of $455.34 million, a price-to-earnings ratio of 60.43 and a beta of 0.40.

About JPMorgan BetaBuilders USD High Yield Corporate Bond ETF

The JPMorgan BetaBuilders USD High Yield Corporate Bond ETF (BBHY) is an exchange-traded fund that is based on the ICE BofA US High Yield 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.