JPMorgan BetaBuilders USD High Yield Corporate Bond ETF (BATS:BBHY) Shares Bought by Envestnet Asset Management Inc.

Envestnet Asset Management Inc. raised its holdings in JPMorgan BetaBuilders USD High Yield Corporate Bond ETF (BATS:BBHY) by 7.9% in the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 764,363 shares of the company’s stock after acquiring an additional 56,136 shares during the quarter. Envestnet Asset Management Inc. owned 7.44% of JPMorgan BetaBuilders USD High Yield Corporate Bond ETF worth $35,199,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds also recently bought and sold shares of the business. Wayfinding Financial LLC lifted its holdings in JPMorgan BetaBuilders USD High Yield Corporate Bond ETF by 4.5% in the 1st quarter. Wayfinding Financial LLC now owns 15,551 shares of the company’s stock valued at $716,000 after acquiring an additional 666 shares during the last quarter. Capital Investment Advisory Services LLC acquired a new stake in JPMorgan BetaBuilders USD High Yield Corporate Bond ETF in the 1st quarter valued at about $84,000. Albion Financial Group UT lifted its holdings in JPMorgan BetaBuilders USD High Yield Corporate Bond ETF by 71.8% in the 1st quarter. Albion Financial Group UT now owns 51,215 shares of the company’s stock valued at $2,358,000 after acquiring an additional 21,403 shares during the last quarter. Daymark Wealth Partners LLC lifted its holdings in JPMorgan BetaBuilders USD High Yield Corporate Bond ETF by 0.6% in the 1st quarter. Daymark Wealth Partners LLC now owns 216,185 shares of the company’s stock valued at $9,955,000 after acquiring an additional 1,188 shares during the last quarter. Finally, Cambridge Investment Research Advisors Inc. lifted its holdings in JPMorgan BetaBuilders USD High Yield Corporate Bond ETF by 11.9% in the 1st quarter. Cambridge Investment Research Advisors Inc. now owns 312,551 shares of the company’s stock valued at $14,393,000 after acquiring an additional 33,341 shares during the last quarter.

JPMorgan BetaBuilders USD High Yield Corporate Bond ETF Trading Up 2.6%

Shares of BATS BBHY opened at $46.31 on Monday. The company has a market capitalization of $455.18 million, a price-to-earnings ratio of 60.43 and a beta of 0.40. JPMorgan BetaBuilders USD High Yield Corporate Bond ETF has a twelve month low of $43.49 and a twelve month high of $47.39. The firm has a 50-day moving average of $46.02 and a two-hundred day moving average of $46.03.

JPMorgan BetaBuilders USD High Yield Corporate Bond ETF Company 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.