Kovack Advisors Inc. Increases Position in JPMorgan BetaBuilders U.S. Aggregate Bond ETF (NYSEARCA:BBAG)

Kovack Advisors Inc. increased its position in shares of JPMorgan BetaBuilders U.S. Aggregate Bond ETF (NYSEARCA:BBAG) by 135.4% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 29,084 shares of the company’s stock after acquiring an additional 16,731 shares during the quarter. Kovack Advisors Inc.’s holdings in JPMorgan BetaBuilders U.S. Aggregate Bond ETF were worth $1,353,000 as of its most recent filing with the SEC.

Other large investors also recently bought and sold shares of the company. LPL Financial LLC purchased a new position in shares of JPMorgan BetaBuilders U.S. Aggregate Bond ETF in the 3rd quarter valued at $112,892,000. Envestnet Asset Management Inc. purchased a new position in shares of JPMorgan BetaBuilders U.S. Aggregate Bond ETF in the 3rd quarter valued at $50,250,000. Clearwater Capital Advisors LLC raised its stake in shares of JPMorgan BetaBuilders U.S. Aggregate Bond ETF by 108.6% in the 3rd quarter. Clearwater Capital Advisors LLC now owns 1,062,877 shares of the company’s stock valued at $47,011,000 after acquiring an additional 553,294 shares during the period. Berger Financial Group Inc raised its stake in shares of JPMorgan BetaBuilders U.S. Aggregate Bond ETF by 2.9% in the 3rd quarter. Berger Financial Group Inc now owns 988,485 shares of the company’s stock valued at $43,721,000 after acquiring an additional 27,533 shares during the period. Finally, Cambridge Investment Research Advisors Inc. purchased a new position in shares of JPMorgan BetaBuilders U.S. Aggregate Bond ETF in the 3rd quarter valued at $20,022,000.

JPMorgan BetaBuilders U.S. Aggregate Bond ETF Stock Performance

JPMorgan BetaBuilders U.S. Aggregate Bond ETF stock traded up $0.10 during midday trading on Friday, hitting $44.63. 93,464 shares of the stock were exchanged, compared to its average volume of 230,997. JPMorgan BetaBuilders U.S. Aggregate Bond ETF has a 1 year low of $43.03 and a 1 year high of $47.33. The company has a 50 day moving average price of $45.37 and a two-hundred day moving average price of $45.32.

JPMorgan BetaBuilders U.S. Aggregate Bond ETF 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.