JPMorgan BetaBuilders U.S. Aggregate Bond ETF (BATS:BBAG) Sees Large Decline in Short Interest

JPMorgan BetaBuilders U.S. Aggregate Bond ETF (BATS:BBAG) was the target of a large drop in short interest in October. As of October 30th, there was short interest totaling 858 shares, a drop of 94.8% from the October 15th total of 16,593 shares. Currently, 0.0% of the shares of the stock are sold short. Based on an average daily volume of 651,483 shares, the days-to-cover ratio is currently 0.0 days.

JPMorgan BetaBuilders U.S. Aggregate Bond ETF Trading Down 0.7%

BBAG stock traded down $0.32 during trading on Tuesday, hitting $44.38. 58,321 shares of the stock traded hands, compared to its average volume of 136,581. JPMorgan BetaBuilders U.S. Aggregate Bond ETF has a one year low of $43.47 and a one year high of $47.18. The company has a 50 day simple moving average of $44.33 and a 200 day simple moving average of $45.53.

Institutional Trading of JPMorgan BetaBuilders U.S. Aggregate Bond ETF

Hedge funds have recently modified their holdings of the company. Clearwater Capital Advisors LLC raised its stake in shares of JPMorgan BetaBuilders U.S. Aggregate Bond ETF by 4.3% in the third quarter. Clearwater Capital Advisors LLC now owns 1,346,913 shares of the company’s stock valued at $59,028,000 after acquiring an additional 56,074 shares during the last quarter. Heck Capital Advisors LLC increased its holdings in JPMorgan BetaBuilders U.S. Aggregate Bond ETF by 8.4% during the 2nd quarter. Heck Capital Advisors LLC now owns 236,638 shares of the company’s stock valued at $10,874,000 after purchasing an additional 18,258 shares in the last quarter. HighTower Advisors LLC acquired a new stake in JPMorgan BetaBuilders U.S. Aggregate Bond ETF during the 3rd quarter valued at $6,815,000. Citadel Advisors LLC increased its holdings in JPMorgan BetaBuilders U.S. Aggregate Bond ETF by 201.6% during the 2nd quarter. Citadel Advisors LLC now owns 110,943 shares of the company’s stock valued at $5,098,000 after purchasing an additional 74,159 shares in the last quarter. Finally, Kestra Advisory Services LLC raised its position in JPMorgan BetaBuilders U.S. Aggregate Bond ETF by 4.6% in the 3rd quarter. Kestra Advisory Services LLC now owns 91,563 shares of the company’s stock valued at $4,013,000 after purchasing an additional 3,986 shares during 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.