JPMorgan BetaBuilders USD Investment Grade Corporate Bond ETF (NYSEARCA:BBCB) Shares Sold by Freedom Investment Management Inc.

Freedom Investment Management Inc. cut its stake in JPMorgan BetaBuilders USD Investment Grade Corporate Bond ETF (NYSEARCA:BBCB) by 9.7% during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 42,926 shares of the company’s stock after selling 4,632 shares during the period. Freedom Investment Management Inc.’s holdings in JPMorgan BetaBuilders USD Investment Grade Corporate Bond ETF were worth $2,015,000 as of its most recent SEC filing.

Other hedge funds also recently added to or reduced their stakes in the company. Massmutual Trust Co. FSB ADV bought a new position in shares of JPMorgan BetaBuilders USD Investment Grade Corporate Bond ETF during the second quarter worth about $48,000. Janney Montgomery Scott LLC boosted its stake in JPMorgan BetaBuilders USD Investment Grade Corporate Bond ETF by 5.2% during the 3rd quarter. Janney Montgomery Scott LLC now owns 22,806 shares of the company’s stock valued at $1,071,000 after purchasing an additional 1,122 shares during the period. Jmac Enterprises LLC increased its stake in shares of JPMorgan BetaBuilders USD Investment Grade Corporate Bond ETF by 10.2% in the third quarter. Jmac Enterprises LLC now owns 64,810 shares of the company’s stock valued at $3,043,000 after purchasing an additional 6,012 shares during the period. Truist Financial Corp raised its holdings in shares of JPMorgan BetaBuilders USD Investment Grade Corporate Bond ETF by 6.6% during the second quarter. Truist Financial Corp now owns 136,324 shares of the company’s stock valued at $6,120,000 after buying an additional 8,402 shares during the last quarter. Finally, Envestnet Asset Management Inc. boosted its position in shares of JPMorgan BetaBuilders USD Investment Grade Corporate Bond ETF by 8.2% during the second quarter. Envestnet Asset Management Inc. now owns 131,345 shares of the company’s stock worth $5,897,000 after buying an additional 9,913 shares during the period.

JPMorgan BetaBuilders USD Investment Grade Corporate Bond ETF Price Performance

Shares of BBCB stock opened at $45.69 on Wednesday. JPMorgan BetaBuilders USD Investment Grade Corporate Bond ETF has a 12-month low of $43.98 and a 12-month high of $47.24. The business has a 50 day simple moving average of $46.01 and a 200 day simple moving average of $45.71.

About JPMorgan BetaBuilders USD Investment Grade Corporate Bond ETF

The JPMorgan BetaBuilders USD Investment Grade Corporate Bond ETF (BBCB) is an exchange-traded fund that is based on the Bloomberg U.S. Corporate Bond 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.