IFP Advisors Inc Has $218,000 Stock Holdings in JPMorgan BetaBuilders USD High Yield Corporate Bond ETF $BBHY

IFP Advisors Inc grew its position in JPMorgan BetaBuilders USD High Yield Corporate Bond ETF (BATS:BBHY) by 18.9% during the 2nd quarter, according to the company in its most recent disclosure with the SEC. The firm owned 4,678 shares of the company’s stock after purchasing an additional 743 shares during the period. IFP Advisors Inc’s holdings in JPMorgan BetaBuilders USD High Yield Corporate Bond ETF were worth $218,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also made changes to their positions in BBHY. Cambridge Investment Research Advisors Inc. raised its holdings in shares of JPMorgan BetaBuilders USD High Yield Corporate Bond ETF by 11.9% during the first quarter. Cambridge Investment Research Advisors Inc. now owns 312,551 shares of the company’s stock worth $14,393,000 after acquiring an additional 33,341 shares during the period. Daymark Wealth Partners LLC grew its position in JPMorgan BetaBuilders USD High Yield Corporate Bond ETF by 0.6% in the first quarter. Daymark Wealth Partners LLC now owns 216,185 shares of the company’s stock valued at $9,955,000 after purchasing an additional 1,188 shares in the last quarter. Albion Financial Group UT grew its position in JPMorgan BetaBuilders USD High Yield Corporate Bond ETF by 71.8% in the first quarter. Albion Financial Group UT now owns 51,215 shares of the company’s stock valued at $2,358,000 after purchasing an additional 21,403 shares in the last quarter. Capital Investment Advisory Services LLC bought a new position in shares of JPMorgan BetaBuilders USD High Yield Corporate Bond ETF in the 1st quarter valued at about $84,000. Finally, Wayfinding Financial LLC grew its position in shares of 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 period.

JPMorgan BetaBuilders USD High Yield Corporate Bond ETF Price Performance

Shares of BBHY opened at $46.65 on Friday. The firm has a 50-day moving average of $46.73 and a 200-day moving average of $46.15. JPMorgan BetaBuilders USD High Yield Corporate Bond ETF has a one year low of $43.49 and a one year high of $47.39. The company has a market cap of $458.57 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.