JPMorgan BetaBuilders U.S. Aggregate Bond ETF (NYSEARCA:BBAG) Stake Lessened by Raymond James & Associates

Raymond James & Associates cut its stake in JPMorgan BetaBuilders U.S. Aggregate Bond ETF (NYSEARCA:BBAG) by 47.8% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 42,333 shares of the company’s stock after selling 38,814 shares during the period. Raymond James & Associates’ holdings in JPMorgan BetaBuilders U.S. Aggregate Bond ETF were worth $1,970,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also made changes to their positions in the stock. LPL Financial LLC acquired a new stake in JPMorgan BetaBuilders U.S. Aggregate Bond ETF during the third quarter valued at approximately $112,892,000. Envestnet Asset Management Inc. acquired a new stake in JPMorgan BetaBuilders U.S. Aggregate Bond ETF during the third quarter valued at approximately $50,250,000. Clearwater Capital Advisors LLC lifted its stake in JPMorgan BetaBuilders U.S. Aggregate Bond ETF by 108.6% during the third quarter. Clearwater Capital Advisors LLC now owns 1,062,877 shares of the company’s stock valued at $47,011,000 after purchasing an additional 553,294 shares during the last quarter. Berger Financial Group Inc lifted its stake in JPMorgan BetaBuilders U.S. Aggregate Bond ETF by 2.9% during the third quarter. Berger Financial Group Inc now owns 988,485 shares of the company’s stock valued at $43,721,000 after purchasing an additional 27,533 shares during the last quarter. Finally, Cambridge Investment Research Advisors Inc. acquired a new stake in JPMorgan BetaBuilders U.S. Aggregate Bond ETF during the third quarter valued at approximately $20,022,000.

JPMorgan BetaBuilders U.S. Aggregate Bond ETF Stock Performance

Shares of NYSEARCA:BBAG opened at $44.50 on Wednesday. JPMorgan BetaBuilders U.S. Aggregate Bond ETF has a 52 week low of $43.03 and a 52 week high of $47.33. The firm has a 50 day simple moving average of $45.53 and a 200 day simple moving average of $45.29.

JPMorgan BetaBuilders U.S. Aggregate Bond ETF Profile

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.