Envestnet Asset Management Inc. Has $377,000 Holdings in JPMorgan BetaBuilders USD Investment Grade Corporate Bond ETF (NYSEARCA:BBCB)

Envestnet Asset Management Inc. boosted its position in JPMorgan BetaBuilders USD Investment Grade Corporate Bond ETF (NYSEARCA:BBCB) by 14.4% in the first quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 8,299 shares of the company’s stock after purchasing an additional 1,044 shares during the period. Envestnet Asset Management Inc. owned 0.98% of JPMorgan BetaBuilders USD Investment Grade Corporate Bond ETF worth $377,000 at the end of the most recent quarter.

Other institutional investors have also recently added to or reduced their stakes in the company. Farther Finance Advisors LLC raised its stake in JPMorgan BetaBuilders USD Investment Grade Corporate Bond ETF by 218.2% during the first quarter. Farther Finance Advisors LLC now owns 630 shares of the company’s stock worth $29,000 after buying an additional 432 shares during the last quarter. AdvisorNet Financial Inc boosted its stake in JPMorgan BetaBuilders USD Investment Grade Corporate Bond ETF by 102.0% during the 1st quarter. AdvisorNet Financial Inc now owns 794 shares of the company’s stock valued at $36,000 after purchasing an additional 401 shares during the last quarter. Bank of America Corp DE boosted its holdings in JPMorgan BetaBuilders USD Investment Grade Corporate Bond ETF by 10.0% during the 4th quarter. Bank of America Corp DE now owns 3,497 shares of the company’s stock worth $156,000 after acquiring an additional 317 shares during the last quarter. Cetera Investment Advisers purchased a new stake in JPMorgan BetaBuilders USD Investment Grade Corporate Bond ETF in the 4th quarter valued at about $208,000. Finally, CreativeOne Wealth LLC increased its position in shares of JPMorgan BetaBuilders USD Investment Grade Corporate Bond ETF by 13.3% during the 4th quarter. CreativeOne Wealth LLC now owns 9,681 shares of the company’s stock valued at $433,000 after purchasing an additional 1,135 shares during the last quarter.

JPMorgan BetaBuilders USD Investment Grade Corporate Bond ETF Stock Performance

Shares of BBCB stock opened at $45.72 on Thursday. The company has a 50 day moving average of $45.23 and a 200-day moving average of $45.05. JPMorgan BetaBuilders USD Investment Grade Corporate Bond ETF has a 12-month low of $43.49 and a 12-month high of $47.24.

JPMorgan BetaBuilders USD Investment Grade Corporate Bond ETF Company Profile

The JPMorgan BetaBuilders USD Investment Grade Corporate Bond ETF (BBCB) is an exchange-traded fund that is based on the Bloomberg U.S. Corporate Bond 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.