JPMorgan BetaBuilders U.S. Aggregate Bond ETF (NYSEARCA:BBAG) Sees Strong Trading Volume – Here’s Why

JPMorgan BetaBuilders U.S. Aggregate Bond ETF (NYSEARCA:BBAG) shares saw unusually-strong trading volume on Monday . Approximately 677,258 shares changed hands during trading, an increase of 244% from the previous session’s volume of 197,133 shares.The stock last traded at $46.27 and had previously closed at $46.33.

JPMorgan BetaBuilders U.S. Aggregate Bond ETF Trading Down 0.1 %

The business’s fifty day simple moving average is $46.10 and its two-hundred day simple moving average is $46.23.

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

Hedge funds have recently made changes to their positions in the company. Clearwater Capital Advisors LLC increased its holdings in shares of JPMorgan BetaBuilders U.S. Aggregate Bond ETF by 4.1% in the 2nd quarter. Clearwater Capital Advisors LLC now owns 848,701 shares of the company’s stock valued at $38,540,000 after acquiring an additional 33,647 shares during the period. Janney Montgomery Scott LLC grew its position in JPMorgan BetaBuilders U.S. Aggregate Bond ETF by 18.2% during the 3rd quarter. Janney Montgomery Scott LLC now owns 674,826 shares of the company’s stock worth $31,933,000 after purchasing an additional 104,104 shares during the last quarter. Iron Horse Wealth Management LLC increased its stake in JPMorgan BetaBuilders U.S. Aggregate Bond ETF by 1.9% in the third quarter. Iron Horse Wealth Management LLC now owns 462,437 shares of the company’s stock valued at $21,883,000 after purchasing an additional 8,538 shares during the period. HighTower Advisors LLC raised its holdings in shares of JPMorgan BetaBuilders U.S. Aggregate Bond ETF by 3.4% in the third quarter. HighTower Advisors LLC now owns 440,693 shares of the company’s stock valued at $20,860,000 after buying an additional 14,627 shares during the last quarter. Finally, Bensler LLC boosted its stake in shares of JPMorgan BetaBuilders U.S. Aggregate Bond ETF by 11.3% during the second quarter. Bensler LLC now owns 349,677 shares of the company’s stock worth $15,879,000 after buying an additional 35,503 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.