JPMorgan BetaBuilders U.S. Aggregate Bond ETF (BATS:BBAG) Reaches New 52-Week Low – Here’s What Happened

JPMorgan BetaBuilders U.S. Aggregate Bond ETF (BATS:BBAG) shares hit a new 52-week low on Thursday . The company traded as low as $44.60 and last traded at $44.60, with a volume of 118 shares trading hands. The stock had previously closed at $44.90.

JPMorgan BetaBuilders U.S. Aggregate Bond ETF Price Performance

The business has a 50-day moving average of $45.25 and a 200-day moving average of $45.78.

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

Institutional investors and hedge funds have recently modified their holdings of the company. Jane Street Group LLC acquired a new stake in JPMorgan BetaBuilders U.S. Aggregate Bond ETF in the 4th quarter valued at about $19,167,000. Clearwater Capital Advisors LLC lifted its stake in shares of JPMorgan BetaBuilders U.S. Aggregate Bond ETF by 8.5% during the first quarter. Clearwater Capital Advisors LLC now owns 1,201,541 shares of the company’s stock valued at $55,463,000 after acquiring an additional 93,757 shares during the period. Kestra Advisory Services LLC bought a new stake in shares of JPMorgan BetaBuilders U.S. Aggregate Bond ETF in the 4th quarter valued at about $4,294,000. Citadel Advisors LLC boosted its stake in JPMorgan BetaBuilders U.S. Aggregate Bond ETF by 201.6% during the 2nd quarter. Citadel Advisors LLC now owns 110,943 shares of the company’s stock worth $5,098,000 after acquiring an additional 74,159 shares during the last quarter. Finally, MML Investors Services LLC grew its holdings in JPMorgan BetaBuilders U.S. Aggregate Bond ETF by 94.5% during the second quarter. MML Investors Services LLC now owns 95,877 shares of the company’s stock valued at $4,427,000 after purchasing an additional 46,583 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. BBAG was launched on Dec 12, 2018 and is managed by JPMorgan Chase.