JPMorgan BetaBuilders U.S. Aggregate Bond ETF (NYSEARCA:BBAG) Sees Strong Trading Volume – Here’s Why

JPMorgan BetaBuilders U.S. Aggregate Bond ETF (NYSEARCA:BBAG) shares saw an uptick in trading volume on Monday . Approximately 420,676 shares traded hands during mid-day trading, an increase of 300% from the previous session’s volume of 105,225 shares.The stock last traded at $45.20 and had previously closed at $45.12.

JPMorgan BetaBuilders U.S. Aggregate Bond ETF Trading Up 0.2%

The firm’s 50 day simple moving average is $45.48 and its 200-day simple moving average is $45.92.

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

A number of institutional investors and hedge funds have recently bought and sold shares of the business. Cornerstone Planning Group LLC acquired a new stake in JPMorgan BetaBuilders U.S. Aggregate Bond ETF in the 1st quarter valued at about $29,000. Larson Financial Group LLC purchased a new stake in shares of JPMorgan BetaBuilders U.S. Aggregate Bond ETF in the fourth quarter valued at approximately $46,000. Cary Street Partners Financial LLC acquired a new position in JPMorgan BetaBuilders U.S. Aggregate Bond ETF during the fourth quarter worth $53,000. Advisory Services Network LLC acquired a new stake in shares of JPMorgan BetaBuilders U.S. Aggregate Bond ETF in the 3rd quarter worth $64,000. Finally, Western Wealth Management LLC purchased a new position in shares of JPMorgan BetaBuilders U.S. Aggregate Bond ETF during the 1st quarter worth $68,000.

JPMorgan BetaBuilders U.S. Aggregate Bond ETF Company Profile

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.