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

JPMorgan BetaBuilders U.S. Aggregate Bond ETF (NYSEARCA:BBAG) shares saw unusually-high trading volume on Wednesday . Approximately 316,187 shares traded hands during mid-day trading, an increase of 99% from the previous session’s volume of 158,754 shares.The stock last traded at $45.62 and had previously closed at $45.36.

JPMorgan BetaBuilders U.S. Aggregate Bond ETF Trading Down 0.1 %

The firm has a fifty day moving average price of $45.45 and a 200 day moving average price of $46.15.

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

Several institutional investors and hedge funds have recently bought and sold shares of the company. Lockerman Financial Group Inc. raised its holdings in JPMorgan BetaBuilders U.S. Aggregate Bond ETF by 8.8% in the 3rd quarter. Lockerman Financial Group Inc. now owns 22,464 shares of the company’s stock valued at $1,063,000 after buying an additional 1,818 shares during the period. Geneos Wealth Management Inc. lifted its holdings in shares of JPMorgan BetaBuilders U.S. Aggregate Bond ETF by 9.6% in the 4th quarter. Geneos Wealth Management Inc. now owns 12,111 shares of the company’s stock worth $547,000 after acquiring an additional 1,058 shares during the last quarter. JPMorgan Chase & Co. boosted its position in shares of JPMorgan BetaBuilders U.S. Aggregate Bond ETF by 12.9% during the 3rd quarter. JPMorgan Chase & Co. now owns 14,534,538 shares of the company’s stock worth $687,774,000 after purchasing an additional 1,660,554 shares during the period. Wealth Alliance Advisory Group LLC boosted its position in shares of JPMorgan BetaBuilders U.S. Aggregate Bond ETF by 2.8% during the 3rd quarter. Wealth Alliance Advisory Group LLC now owns 284,100 shares of the company’s stock worth $13,444,000 after purchasing an additional 7,706 shares during the period. Finally, Twin Peaks Wealth Advisors LLC raised its position in JPMorgan BetaBuilders U.S. Aggregate Bond ETF by 11.7% in the third quarter. Twin Peaks Wealth Advisors LLC now owns 9,106 shares of the company’s stock valued at $431,000 after purchasing an additional 955 shares during the period.

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.