Royal Fund Management LLC Raises Holdings in JPMorgan BetaBuilders USD High Yield Corporate Bond ETF (BATS:BBHY)

Royal Fund Management LLC grew its stake in JPMorgan BetaBuilders USD High Yield Corporate Bond ETF (BATS:BBHY) by 4.5% during the 4th quarter, HoldingsChannel reports. The firm owned 96,280 shares of the company’s stock after buying an additional 4,120 shares during the quarter. Royal Fund Management LLC’s holdings in JPMorgan BetaBuilders USD High Yield Corporate Bond ETF were worth $4,447,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Wealth Enhancement Advisory Services LLC grew its holdings in JPMorgan BetaBuilders USD High Yield Corporate Bond ETF by 2.6% in the fourth quarter. Wealth Enhancement Advisory Services LLC now owns 10,726 shares of the company’s stock valued at $508,000 after purchasing an additional 270 shares during the period. Continuum Advisory LLC increased its holdings in JPMorgan BetaBuilders USD High Yield Corporate Bond ETF by 37.8% in the 3rd quarter. Continuum Advisory LLC now owns 1,065 shares of the company’s stock worth $50,000 after acquiring an additional 292 shares in the last quarter. LGT Financial Advisors LLC raised its position in JPMorgan BetaBuilders USD High Yield Corporate Bond ETF by 62.3% during the third quarter. LGT Financial Advisors LLC now owns 1,000 shares of the company’s stock worth $47,000 after acquiring an additional 384 shares during the period. Albion Financial Group UT lifted its holdings in JPMorgan BetaBuilders USD High Yield Corporate Bond ETF by 1.8% during the third quarter. Albion Financial Group UT now owns 31,167 shares of the company’s stock valued at $1,476,000 after purchasing an additional 550 shares in the last quarter. Finally, Lockerman Financial Group Inc. grew its position in shares of JPMorgan BetaBuilders USD High Yield Corporate Bond ETF by 3.5% in the third quarter. Lockerman Financial Group Inc. now owns 16,704 shares of the company’s stock valued at $791,000 after purchasing an additional 570 shares during the period.

JPMorgan BetaBuilders USD High Yield Corporate Bond ETF Stock Performance

Shares of JPMorgan BetaBuilders USD High Yield Corporate Bond ETF stock opened at $46.52 on Tuesday. The company has a fifty day moving average of $46.54 and a 200-day moving average of $46.58.

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.