JPMorgan BetaBuilders USD High Yield Corporate Bond ETF $BBHY Shares Sold by Fifth Third Securities Inc.

Fifth Third Securities Inc. lowered its stake in JPMorgan BetaBuilders USD High Yield Corporate Bond ETF (BATS:BBHY) by 25.4% during the third quarter, according to its most recent Form 13F filing with the SEC. The firm owned 52,772 shares of the company’s stock after selling 17,984 shares during the period. Fifth Third Securities Inc. owned approximately 0.54% of JPMorgan BetaBuilders USD High Yield Corporate Bond ETF worth $2,342,000 as of its most recent filing with the SEC.

Other hedge funds also recently modified their holdings of the company. Security National Bank of Sioux City Iowa IA bought a new stake in JPMorgan BetaBuilders USD High Yield Corporate Bond ETF during the second quarter worth about $69,000. WNY Asset Management LLC bought a new position in JPMorgan BetaBuilders USD High Yield Corporate Bond ETF in the 1st quarter valued at about $249,000. Ascentis Independent Advisors bought a new position in JPMorgan BetaBuilders USD High Yield Corporate Bond ETF in the 1st quarter valued at about $300,000. Lockerman Financial Group Inc. increased its holdings in JPMorgan BetaBuilders USD High Yield Corporate Bond ETF by 31.6% in the 3rd quarter. Lockerman Financial Group Inc. now owns 7,950 shares of the company’s stock valued at $353,000 after buying an additional 1,910 shares during the period. Finally, Hopwood Nicholas Hunter acquired a new position in shares of JPMorgan BetaBuilders USD High Yield Corporate Bond ETF in the 2nd quarter valued at approximately $364,000.

JPMorgan BetaBuilders USD High Yield Corporate Bond ETF Trading Up 0.2%

Shares of BATS:BBHY opened at $44.14 on Thursday. The firm has a 50 day moving average of $45.04 and a 200-day moving average of $45.64. The stock has a market capitalization of $433.90 million, a PE ratio of 60.43 and a beta of 0.40. JPMorgan BetaBuilders USD High Yield Corporate Bond ETF has a 12 month low of $43.88 and a 12 month high of $47.04.

JPMorgan BetaBuilders USD High Yield Corporate Bond ETF Profile

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. BBHY was launched on Sep 14, 2016 and is managed by JPMorgan Chase.