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

5T Wealth LLC trimmed its position in shares of JPMorgan BetaBuilders USD High Yield Corporate Bond ETF (BATS:BBHY) by 39.3% during the second quarter, according to its most recent disclosure with the Securities & 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 owned approximately 0.20% of JPMorgan BetaBuilders USD High Yield Corporate Bond ETF worth $902,000 at the end of the most recent quarter.

A number of other large investors have also recently bought and sold shares of the company. Mission Wealth Management LP grew its stake in JPMorgan BetaBuilders USD High Yield Corporate Bond ETF by 7.3% during the second 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 in the last quarter. Acorn Financial Advisory Services Inc. ADV acquired a new stake in shares of JPMorgan BetaBuilders USD High Yield Corporate Bond ETF in the 2nd quarter valued at approximately $211,000. Atria Wealth Solutions Inc. acquired a new stake in shares of JPMorgan BetaBuilders USD High Yield Corporate Bond ETF in the 2nd quarter valued at approximately $218,000. CWM LLC boosted its stake in shares of JPMorgan BetaBuilders USD High Yield Corporate Bond ETF by 1,975.5% in the 2nd quarter. CWM LLC now owns 9,651 shares of the company’s stock valued at $450,000 after purchasing an additional 9,186 shares in the last quarter. Finally, IFP Advisors Inc boosted its stake in shares of JPMorgan BetaBuilders USD High Yield Corporate Bond ETF by 18.9% in the 2nd quarter. IFP Advisors Inc now owns 4,678 shares of the company’s stock valued at $218,000 after purchasing an additional 743 shares in the last quarter.

JPMorgan BetaBuilders USD High Yield Corporate Bond ETF Trading Up 3.7%

BBHY opened at $46.76 on Friday. The company’s 50 day moving average is $46.79 and its 200-day moving average is $46.32. JPMorgan BetaBuilders USD High Yield Corporate Bond ETF has a 1-year low of $43.49 and a 1-year high of $47.39. The company has a market cap of $459.66 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.