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

Shares of JPMorgan BetaBuilders U.S. Aggregate Bond ETF (NYSEARCA:BBAG) saw unusually-high trading volume on Wednesday . Approximately 316,187 shares changed hands during trading, an increase of 99% from the previous session’s volume of 158,754 shares.The stock last traded at $45.62 and had previously closed at $45.36.

JPMorgan BetaBuilders U.S. Aggregate Bond ETF Stock Performance

The stock’s 50-day moving average price is $45.44 and its 200 day moving average price is $46.15.

Institutional Inflows and Outflows

Institutional investors have recently added to or reduced their stakes in the business. JPMorgan Chase & Co. increased its holdings in JPMorgan BetaBuilders U.S. Aggregate Bond ETF by 12.9% during the third quarter. JPMorgan Chase & Co. now owns 14,534,538 shares of the company’s stock valued at $687,774,000 after buying an additional 1,660,554 shares during the period. Strategic Financial Concepts LLC boosted its position in JPMorgan BetaBuilders U.S. Aggregate Bond ETF by 4,916.8% during the 4th quarter. Strategic Financial Concepts LLC now owns 437,512 shares of the company’s stock valued at $19,767,000 after acquiring an additional 428,791 shares in the last quarter. Goldstone Financial Group LLC purchased a new position in shares of JPMorgan BetaBuilders U.S. Aggregate Bond ETF in the 3rd quarter valued at $6,546,000. Janney Montgomery Scott LLC raised its position in shares of JPMorgan BetaBuilders U.S. Aggregate Bond ETF by 18.2% in the 3rd quarter. Janney Montgomery Scott LLC now owns 674,826 shares of the company’s stock worth $31,933,000 after acquiring an additional 104,104 shares in the last quarter. Finally, Kelly Financial Group LLC purchased a new stake in shares of JPMorgan BetaBuilders U.S. Aggregate Bond ETF during the 4th quarter worth $4,047,000.

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.