Independent Wealth Network Inc. Acquires Shares of 12,921 JPMorgan BetaBuilders USD High Yield Corporate Bond ETF $BBHY

Independent Wealth Network Inc. bought a new position in shares of JPMorgan BetaBuilders USD High Yield Corporate Bond ETF (BATS:BBHY) during the 1st quarter, according to the company in its most recent filing with the SEC. The fund bought 12,921 shares of the company’s stock, valued at approximately $592,000. Independent Wealth Network Inc. owned 0.13% of JPMorgan BetaBuilders USD High Yield Corporate Bond ETF at the end of the most recent quarter.

Other large investors have also modified their holdings of the company. Nolet Wealth Management LLC acquired a new stake in shares of JPMorgan BetaBuilders USD High Yield Corporate Bond ETF in the 4th quarter valued at approximately $1,093,000. Empowered Funds LLC grew its holdings in JPMorgan BetaBuilders USD High Yield Corporate Bond ETF by 16.2% during the fourth quarter. Empowered Funds LLC now owns 98,556 shares of the company’s stock worth $4,583,000 after acquiring an additional 13,752 shares during the period. OLD Mission Capital LLC acquired a new position in JPMorgan BetaBuilders USD High Yield Corporate Bond ETF during the fourth quarter worth $3,316,000. Cetera Investment Advisers raised its position in JPMorgan BetaBuilders USD High Yield Corporate Bond ETF by 11.7% in the fourth quarter. Cetera Investment Advisers now owns 96,543 shares of the company’s stock worth $4,489,000 after acquiring an additional 10,090 shares in the last quarter. Finally, Advisory Services Network LLC raised its position in JPMorgan BetaBuilders USD High Yield Corporate Bond ETF by 37.5% in the fourth quarter. Advisory Services Network LLC now owns 6,593 shares of the company’s stock worth $307,000 after acquiring an additional 1,797 shares in the last quarter.

JPMorgan BetaBuilders USD High Yield Corporate Bond ETF Stock Performance

JPMorgan BetaBuilders USD High Yield Corporate Bond ETF stock opened at $46.03 on Friday. The company has a market cap of $452.47 million, a P/E ratio of 60.43 and a beta of 0.40. JPMorgan BetaBuilders USD High Yield Corporate Bond ETF has a one year low of $45.23 and a one year high of $47.11. The business has a fifty day moving average of $46.06 and a two-hundred day moving average of $46.27.

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.