5T Wealth LLC Has $902,000 Position in JPMorgan BetaBuilders USD High Yield Corporate Bond ETF $BBHY

5T Wealth LLC reduced its stake in JPMorgan BetaBuilders USD High Yield Corporate Bond ETF (BATS:BBHY) by 39.3% during the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 19,335 shares of the company’s stock after selling 12,505 shares during the period. 5T Wealth LLC’s holdings in JPMorgan BetaBuilders USD High Yield Corporate Bond ETF were worth $902,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds also recently made changes to their positions in the stock. Mission Wealth Management LP boosted its position in JPMorgan BetaBuilders USD High Yield Corporate Bond ETF by 7.3% during the 2nd quarter. Mission Wealth Management LP now owns 94,204 shares of the company’s stock worth $4,394,000 after buying an additional 6,382 shares during the period. Acorn Financial Advisory Services Inc. ADV acquired a new stake in JPMorgan BetaBuilders USD High Yield Corporate Bond ETF during the 2nd quarter worth approximately $211,000. Atria Wealth Solutions Inc. acquired a new stake in JPMorgan BetaBuilders USD High Yield Corporate Bond ETF during the 2nd quarter worth approximately $218,000. CWM LLC boosted its position in JPMorgan BetaBuilders USD High Yield Corporate Bond ETF by 1,975.5% during the 2nd quarter. CWM LLC now owns 9,651 shares of the company’s stock worth $450,000 after buying an additional 9,186 shares during the period. Finally, IFP Advisors Inc boosted its position in JPMorgan BetaBuilders USD High Yield Corporate Bond ETF by 18.9% during the 2nd quarter. IFP Advisors Inc now owns 4,678 shares of the company’s stock worth $218,000 after buying an additional 743 shares during the period.

JPMorgan BetaBuilders USD High Yield Corporate Bond ETF Price Performance

BATS:BBHY opened at $46.76 on Friday. The firm’s 50 day simple moving average is $46.79 and its 200 day simple moving average is $46.32. JPMorgan BetaBuilders USD High Yield Corporate Bond ETF has a one year low of $43.49 and a one year high of $47.39. The company has a market cap of $459.66 million, a PE ratio of 60.43 and a beta of 0.40.

JPMorgan BetaBuilders USD High Yield Corporate Bond ETF Company 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.