Integrated Wealth Concepts LLC Acquires 98,521 Shares of JPMorgan BetaBuilders USD High Yield Corporate Bond ETF $BBHY

Integrated Wealth Concepts LLC increased its holdings in JPMorgan BetaBuilders USD High Yield Corporate Bond ETF (BATS:BBHY) by 480.4% during the second quarter, HoldingsChannel reports. The fund owned 119,027 shares of the company’s stock after acquiring an additional 98,521 shares during the quarter. Integrated Wealth Concepts LLC’s holdings in JPMorgan BetaBuilders USD High Yield Corporate Bond ETF were worth $5,487,000 as of its most recent SEC filing.

Several other large investors have also added to or reduced their stakes in the business. Jane Street Group LLC purchased a new position in JPMorgan BetaBuilders USD High Yield Corporate Bond ETF during the fourth quarter worth about $7,641,000. WCG Wealth Advisors LLC purchased a new position in shares of JPMorgan BetaBuilders USD High Yield Corporate Bond ETF in the 4th quarter worth approximately $5,864,000. Highland Investment Advisors LLC purchased a new position in shares of JPMorgan BetaBuilders USD High Yield Corporate Bond ETF in the 2nd quarter worth approximately $5,513,000. Bank of America Corp DE grew its holdings in shares of JPMorgan BetaBuilders USD High Yield Corporate Bond ETF by 9.7% in the third quarter. Bank of America Corp DE now owns 973,990 shares of the company’s stock valued at $45,778,000 after acquiring an additional 86,326 shares in the last quarter. Finally, OLD Mission Capital LLC bought a new position in shares of JPMorgan BetaBuilders USD High Yield Corporate Bond ETF in the fourth quarter valued at approximately $3,316,000.

JPMorgan BetaBuilders USD High Yield Corporate Bond ETF Trading Down 0.0%

Shares of JPMorgan BetaBuilders USD High Yield Corporate Bond ETF stock opened at $45.20 on Friday. The business’s fifty day simple moving average is $45.73 and its 200 day simple moving average is $45.92. JPMorgan BetaBuilders USD High Yield Corporate Bond ETF has a 12 month low of $45.18 and a 12 month high of $47.11. The firm has a market capitalization of $444.32 million, a P/E 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. BBHY was launched on Sep 14, 2016 and is managed by JPMorgan Chase.