Bay Colony Advisory Group Inc d b a Bay Colony Advisors Buys Shares of 15,402 JPMorgan BetaBuilders USD High Yield Corporate Bond ETF $BBHY

Bay Colony Advisory Group Inc d b a Bay Colony Advisors purchased a new position in shares of JPMorgan BetaBuilders USD High Yield Corporate Bond ETF (BATS:BBHY) in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm purchased 15,402 shares of the company’s stock, valued at approximately $724,000. Bay Colony Advisory Group Inc d b a Bay Colony Advisors owned approximately 0.16% of JPMorgan BetaBuilders USD High Yield Corporate Bond ETF as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. CW Advisors LLC acquired a new stake in JPMorgan BetaBuilders USD High Yield Corporate Bond ETF in the 2nd quarter valued at $3,454,000. Atria Wealth Solutions Inc. acquired a new position in shares of JPMorgan BetaBuilders USD High Yield Corporate Bond ETF during the 2nd quarter worth about $218,000. Pinnacle Wealth Planning Services Inc. grew its holdings in shares of JPMorgan BetaBuilders USD High Yield Corporate Bond ETF by 5.9% in the 2nd quarter. Pinnacle Wealth Planning Services Inc. now owns 103,361 shares of the company’s stock valued at $4,821,000 after acquiring an additional 5,801 shares in the last quarter. Osaic Holdings Inc. grew its holdings in shares of JPMorgan BetaBuilders USD High Yield Corporate Bond ETF by 134.1% in the 2nd quarter. Osaic Holdings Inc. now owns 82,991 shares of the company’s stock valued at $3,841,000 after acquiring an additional 47,534 shares in the last quarter. Finally, Sigma Planning Corp increased its position in shares of JPMorgan BetaBuilders USD High Yield Corporate Bond ETF by 7.7% in the second quarter. Sigma Planning Corp now owns 18,450 shares of the company’s stock valued at $860,000 after acquiring an additional 1,316 shares during the last quarter.

JPMorgan BetaBuilders USD High Yield Corporate Bond ETF Stock Performance

Shares of BATS BBHY opened at $46.74 on Friday. The stock has a 50 day moving average price of $46.53 and a 200 day moving average price of $46.60. JPMorgan BetaBuilders USD High Yield Corporate Bond ETF has a 52 week low of $43.49 and a 52 week high of $47.39. The stock has a market capitalization of $459.46 million, a PE ratio of 60.43 and a beta of 0.40.

About JPMorgan BetaBuilders USD High Yield Corporate Bond ETF

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. BBHY was launched on Sep 14, 2016 and is managed by JPMorgan Chase.