Bank of Montreal Can Makes New $20.39 Million Investment in JPMorgan BetaBuilders USD High Yield Corporate Bond ETF (BATS:BBHY)

Bank of Montreal Can acquired a new stake in JPMorgan BetaBuilders USD High Yield Corporate Bond ETF (BATS:BBHY) in the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm acquired 394,500 shares of the company’s stock, valued at approximately $20,392,000. Bank of Montreal Can owned 1.63% of JPMorgan BetaBuilders USD High Yield Corporate Bond ETF as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors have also recently modified their holdings of the company. LGT Financial Advisors LLC grew its position in JPMorgan BetaBuilders USD High Yield Corporate Bond ETF by 62.3% in the 3rd quarter. LGT Financial Advisors LLC now owns 1,000 shares of the company’s stock valued at $47,000 after purchasing an additional 384 shares during the period. Comerica Bank increased its position in shares of JPMorgan BetaBuilders USD High Yield Corporate Bond ETF by 386.7% during the first quarter. Comerica Bank now owns 1,650 shares of the company’s stock worth $76,000 after acquiring an additional 1,311 shares in the last quarter. Richardson Financial Services Inc. increased its position in shares of JPMorgan BetaBuilders USD High Yield Corporate Bond ETF by 26.7% during the second quarter. Richardson Financial Services Inc. now owns 3,514 shares of the company’s stock worth $161,000 after acquiring an additional 740 shares in the last quarter. Sound Income Strategies LLC raised its holdings in shares of JPMorgan BetaBuilders USD High Yield Corporate Bond ETF by 3,847.3% in the 3rd quarter. Sound Income Strategies LLC now owns 3,592 shares of the company’s stock worth $170,000 after acquiring an additional 3,501 shares during the last quarter. Finally, RDA Financial Network bought a new position in JPMorgan BetaBuilders USD High Yield Corporate Bond ETF in the 2nd quarter valued at about $209,000.

JPMorgan BetaBuilders USD High Yield Corporate Bond ETF Price Performance

Shares of BBHY opened at $47.08 on Friday. The business’s 50 day moving average is $46.84 and its 200 day moving average is $46.40.

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.