JPMorgan BetaBuilders U.S. Aggregate Bond ETF (BATS:BBAG) Sets New 1-Year Low – Should You Sell?

JPMorgan BetaBuilders U.S. Aggregate Bond ETF (BATS:BBAGGet Free Report)’s share price reached a new 52-week low on Wednesday . The stock traded as low as $44.31 and last traded at $44.31, with a volume of 6518 shares changing hands. The stock had previously closed at $44.59.

JPMorgan BetaBuilders U.S. Aggregate Bond ETF Trading Down 1.0%

The business has a fifty day simple moving average of $45.06 and a two-hundred day simple moving average of $45.63.

Hedge Funds Weigh In On JPMorgan BetaBuilders U.S. Aggregate Bond ETF

Institutional investors and hedge funds have recently added to or reduced their stakes in the company. Cornerstone Planning Group LLC bought a new stake in JPMorgan BetaBuilders U.S. Aggregate Bond ETF during the first quarter worth about $29,000. Larson Financial Group LLC purchased a new position in shares of JPMorgan BetaBuilders U.S. Aggregate Bond ETF during the fourth quarter valued at approximately $46,000. Cary Street Partners Financial LLC purchased a new position in shares of JPMorgan BetaBuilders U.S. Aggregate Bond ETF during the fourth quarter valued at approximately $53,000. Western Wealth Management LLC bought a new stake in shares of JPMorgan BetaBuilders U.S. Aggregate Bond ETF in the 1st quarter worth approximately $68,000. Finally, Royal Bank of Canada boosted its position in shares of JPMorgan BetaBuilders U.S. Aggregate Bond ETF by 2,847.3% in the 1st quarter. Royal Bank of Canada now owns 2,181 shares of the company’s stock worth $101,000 after purchasing an additional 2,107 shares in the last quarter.

JPMorgan BetaBuilders U.S. Aggregate Bond ETF Company Profile

(Get Free Report)

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. BBAG was launched on Dec 12, 2018 and is managed by JPMorgan Chase.

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