SMART Wealth LLC Takes Position in JPMorgan BetaBuilders USD Investment Grade Corporate Bond ETF $BBCB

SMART Wealth LLC purchased a new stake in JPMorgan BetaBuilders USD Investment Grade Corporate Bond ETF (NYSEARCA:BBCB) during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 44,344 shares of the company’s stock, valued at approximately $2,011,000.

A number of other institutional investors and hedge funds have also recently bought and sold shares of BBCB. IFP Advisors Inc lifted its holdings in JPMorgan BetaBuilders USD Investment Grade Corporate Bond ETF by 60.4% in the fourth quarter. IFP Advisors Inc now owns 770 shares of the company’s stock valued at $35,000 after acquiring an additional 290 shares during the period. Raymond James Financial Inc. acquired a new position in shares of JPMorgan BetaBuilders USD Investment Grade Corporate Bond ETF during the 2nd quarter worth $84,000. Cetera Investment Advisers grew its stake in shares of JPMorgan BetaBuilders USD Investment Grade Corporate Bond ETF by 6.3% during the 2nd quarter. Cetera Investment Advisers now owns 5,539 shares of the company’s stock worth $253,000 after purchasing an additional 326 shares during the period. Bank of America Corp DE grew its stake in shares of JPMorgan BetaBuilders USD Investment Grade Corporate Bond ETF by 46.5% during the 2nd quarter. Bank of America Corp DE now owns 8,565 shares of the company’s stock worth $391,000 after purchasing an additional 2,720 shares during the period. Finally, Envestnet Asset Management Inc. increased its holdings in shares of JPMorgan BetaBuilders USD Investment Grade Corporate Bond ETF by 4.3% in the 3rd quarter. Envestnet Asset Management Inc. now owns 9,911 shares of the company’s stock valued at $459,000 after purchasing an additional 410 shares in the last quarter.

JPMorgan BetaBuilders USD Investment Grade Corporate Bond ETF Trading Down 0.4%

Shares of NYSEARCA BBCB opened at $45.32 on Wednesday. JPMorgan BetaBuilders USD Investment Grade Corporate Bond ETF has a 52 week low of $44.64 and a 52 week high of $46.72. The firm has a 50-day moving average price of $45.25 and a 200 day moving average price of $45.60.

JPMorgan BetaBuilders USD Investment Grade Corporate Bond ETF Company Profile

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. BBCB was launched on Dec 12, 2018 and is managed by JPMorgan Chase.