Highland Investment Advisors LLC Makes New Investment in JPMorgan BetaBuilders USD High Yield Corporate Bond ETF $BBHY

Highland Investment Advisors LLC bought a new position in shares of JPMorgan BetaBuilders USD High Yield Corporate Bond ETF (BATS:BBHY) in the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund bought 119,600 shares of the company’s stock, valued at approximately $5,513,000. JPMorgan BetaBuilders USD High Yield Corporate Bond ETF accounts for approximately 2.4% of Highland Investment Advisors LLC’s investment portfolio, making the stock its 13th biggest holding. Highland Investment Advisors LLC owned 1.22% of JPMorgan BetaBuilders USD High Yield Corporate Bond ETF as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently bought and sold shares of BBHY. Jones Financial Companies Lllp acquired a new stake in JPMorgan BetaBuilders USD High Yield Corporate Bond ETF during the 1st quarter valued at approximately $109,000. GeoWealth Management LLC acquired a new stake in shares of JPMorgan BetaBuilders USD High Yield Corporate Bond ETF in the third quarter worth $144,000. Commonwealth Equity Services LLC acquired a new stake in shares of JPMorgan BetaBuilders USD High Yield Corporate Bond ETF in the fourth quarter worth $210,000. WNY Asset Management LLC purchased a new position in shares of JPMorgan BetaBuilders USD High Yield Corporate Bond ETF during the first quarter worth $249,000. Finally, Truist Financial Corp raised its holdings in shares of JPMorgan BetaBuilders USD High Yield Corporate Bond ETF by 16.2% during the fourth quarter. Truist Financial Corp now owns 5,988 shares of the company’s stock worth $278,000 after purchasing an additional 837 shares during the last quarter.

JPMorgan BetaBuilders USD High Yield Corporate Bond ETF Price Performance

BATS BBHY opened at $45.50 on Friday. JPMorgan BetaBuilders USD High Yield Corporate Bond ETF has a 1 year low of $45.23 and a 1 year high of $47.11. The company has a market capitalization of $447.26 million, a PE ratio of 60.43 and a beta of 0.40. The company has a fifty day moving average of $45.79 and a 200 day moving average of $45.96.

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.