Citadel Advisors LLC Invests $953,000 in JPMorgan BetaBuilders USD High Yield Corporate Bond ETF $BBHY

Citadel Advisors LLC acquired a new position in shares of JPMorgan BetaBuilders USD High Yield Corporate Bond ETF (BATS:BBHY) in the 2nd quarter, according to the company in its most recent filing with the SEC. The fund acquired 20,673 shares of the company’s stock, valued at approximately $953,000.

A number of other hedge funds and other institutional investors also recently bought and sold shares of the company. Highland Investment Advisors LLC acquired a new stake in JPMorgan BetaBuilders USD High Yield Corporate Bond ETF in the second quarter valued at approximately $5,513,000. Cassilly Financial Group LLC acquired a new position in shares of JPMorgan BetaBuilders USD High Yield Corporate Bond ETF during the second quarter worth $740,000. Hopwood Nicholas Hunter acquired a new position in shares of JPMorgan BetaBuilders USD High Yield Corporate Bond ETF during the second quarter worth $364,000. WNY Asset Management LLC purchased a new stake in shares of JPMorgan BetaBuilders USD High Yield Corporate Bond ETF during the 1st quarter valued at $249,000. Finally, Empowered Funds LLC lifted its holdings in shares of JPMorgan BetaBuilders USD High Yield Corporate Bond ETF by 12.8% during the 1st quarter. Empowered Funds LLC now owns 111,162 shares of the company’s stock valued at $5,064,000 after purchasing an additional 12,606 shares during the last quarter.

JPMorgan BetaBuilders USD High Yield Corporate Bond ETF Price Performance

JPMorgan BetaBuilders USD High Yield Corporate Bond ETF stock opened at $45.22 on Friday. JPMorgan BetaBuilders USD High Yield Corporate Bond ETF has a 1-year low of $45.18 and a 1-year high of $47.11. The business has a fifty day moving average price of $45.74 and a 200-day moving average price of $45.92. The stock has a market capitalization of $444.51 million, a price-to-earnings ratio of 60.43 and a beta of 0.40.

JPMorgan BetaBuilders USD High Yield Corporate Bond ETF Profile

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.