JPMorgan BetaBuilders U.S. Aggregate Bond ETF (NYSEARCA:BBAG) Sees Large Volume Increase – Still a Buy?

JPMorgan BetaBuilders U.S. Aggregate Bond ETF (NYSEARCA:BBAG) shares saw unusually-strong trading volume on Friday . Approximately 868,438 shares changed hands during trading, an increase of 348% from the previous session’s volume of 193,992 shares.The stock last traded at $46.24 and had previously closed at $46.10.

JPMorgan BetaBuilders U.S. Aggregate Bond ETF Stock Up 0.3 %

The stock’s fifty day moving average price is $46.26 and its 200-day moving average price is $46.18.

Institutional Trading of JPMorgan BetaBuilders U.S. Aggregate Bond ETF

Hedge funds and other institutional investors have recently made changes to their positions in the business. LGT Financial Advisors LLC grew its stake in shares of JPMorgan BetaBuilders U.S. Aggregate Bond ETF by 179.9% in the second quarter. LGT Financial Advisors LLC now owns 543 shares of the company’s stock valued at $25,000 after buying an additional 349 shares in the last quarter. Strategic Financial Concepts LLC grew its stake in shares of JPMorgan BetaBuilders U.S. Aggregate Bond ETF by 1,358.9% in the second quarter. Strategic Financial Concepts LLC now owns 325,503 shares of the company’s stock valued at $148,000 after buying an additional 303,191 shares in the last quarter. Private Advisor Group LLC bought a new position in shares of JPMorgan BetaBuilders U.S. Aggregate Bond ETF in the third quarter valued at $204,000. Ignite Planners LLC bought a new position in shares of JPMorgan BetaBuilders U.S. Aggregate Bond ETF in the second quarter valued at $209,000. Finally, CWM LLC bought a new position in shares of JPMorgan BetaBuilders U.S. Aggregate Bond ETF in the third quarter valued at $257,000.

About JPMorgan BetaBuilders U.S. Aggregate Bond ETF

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.