Short Interest in JPMorgan BetaBuilders U.S. Aggregate Bond ETF (NYSEARCA:BBAG) Grows By 2,207.5%

JPMorgan BetaBuilders U.S. Aggregate Bond ETF (NYSEARCA:BBAG) was the target of a large increase in short interest during the month of December. As of December 31st, there was short interest totaling 6,807 shares, an increase of 2,207.5% from the December 15th total of 295 shares. Approximately 0.0% of the company’s shares are short sold. Based on an average trading volume of 330,160 shares, the short-interest ratio is currently 0.0 days. Based on an average trading volume of 330,160 shares, the short-interest ratio is currently 0.0 days. Approximately 0.0% of the company’s shares are short sold.

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

Hedge funds and other institutional investors have recently modified their holdings of the stock. Envestnet Asset Management Inc. boosted its holdings in shares of JPMorgan BetaBuilders U.S. Aggregate Bond ETF by 100.8% during the 2nd quarter. Envestnet Asset Management Inc. now owns 1,597,739 shares of the company’s stock valued at $73,768,000 after buying an additional 801,874 shares in the last quarter. Apella Capital LLC increased its position in JPMorgan BetaBuilders U.S. Aggregate Bond ETF by 245.7% in the third quarter. Apella Capital LLC now owns 366,095 shares of the company’s stock worth $17,192,000 after buying an additional 260,186 shares in the last quarter. Park Avenue Securities LLC bought a new stake in shares of JPMorgan BetaBuilders U.S. Aggregate Bond ETF during the 2nd quarter valued at $10,279,000. Cetera Investment Advisers boosted its stake in JPMorgan BetaBuilders U.S. Aggregate Bond ETF by 38.5% in the 2nd quarter. Cetera Investment Advisers now owns 378,289 shares of the company’s stock worth $17,466,000 after purchasing an additional 105,084 shares during the period. Finally, JPMorgan Chase & Co. grew its position in shares of JPMorgan BetaBuilders U.S. Aggregate Bond ETF by 2.0% during the third quarter. JPMorgan Chase & Co. now owns 4,928,102 shares of the company’s stock valued at $229,995,000 after purchasing an additional 97,648 shares in the last quarter.

JPMorgan BetaBuilders U.S. Aggregate Bond ETF Price Performance

Shares of BBAG traded up $0.01 during mid-day trading on Monday, hitting $46.50. 16,235 shares of the company’s stock traded hands, compared to its average volume of 44,219. The business’s 50-day moving average price is $46.57 and its 200-day moving average price is $46.41. JPMorgan BetaBuilders U.S. Aggregate Bond ETF has a 1 year low of $44.31 and a 1 year high of $47.11.

JPMorgan BetaBuilders U.S. Aggregate Bond ETF Company Profile

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.