JPMorgan BetaBuilders U.S. Aggregate Bond ETF (NYSEARCA:BBAG) Sees Large Volume Increase – Should You Buy?

JPMorgan BetaBuilders U.S. Aggregate Bond ETF (NYSEARCA:BBAG) shares saw unusually-high trading volume on Wednesday . Approximately 104,510 shares were traded during mid-day trading, an increase of 151% from the previous session’s volume of 41,659 shares.The stock last traded at $46.3550 and had previously closed at $46.29.

JPMorgan BetaBuilders U.S. Aggregate Bond ETF Stock Performance

The stock’s 50 day moving average is $46.56 and its two-hundred day moving average is $46.43.

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

Institutional investors have recently added to or reduced their stakes in the stock. Ascent Group LLC boosted its holdings in shares of JPMorgan BetaBuilders U.S. Aggregate Bond ETF by 298.9% in the third quarter. Ascent Group LLC now owns 53,450 shares of the company’s stock valued at $2,495,000 after acquiring an additional 40,051 shares in the last quarter. Apella Capital LLC lifted its position in JPMorgan BetaBuilders U.S. Aggregate Bond ETF by 245.7% in the third quarter. Apella Capital LLC now owns 366,095 shares of the company’s stock valued at $17,192,000 after purchasing an additional 260,186 shares during the period. ORG Partners LLC acquired a new stake in JPMorgan BetaBuilders U.S. Aggregate Bond ETF in the second quarter valued at about $629,000. Goldman Sachs Group Inc. purchased a new stake in JPMorgan BetaBuilders U.S. Aggregate Bond ETF in the 1st quarter valued at approximately $916,000. Finally, Heck Capital Advisors LLC boosted its holdings in JPMorgan BetaBuilders U.S. Aggregate Bond ETF by 11.2% in the 3rd quarter. Heck Capital Advisors LLC now owns 191,520 shares of the company’s stock valued at $8,938,000 after purchasing an additional 19,310 shares in the last quarter.

About JPMorgan BetaBuilders U.S. Aggregate Bond ETF

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.