World Investment Advisors LLC Invests $947,000 in JPMorgan BetaBuilders USD High Yield Corporate Bond ETF (BATS:BBHY)

World Investment Advisors LLC purchased a new position in shares of JPMorgan BetaBuilders USD High Yield Corporate Bond ETF (BATS:BBHY) in the third quarter, Holdings Channel.com reports. The institutional investor purchased 19,986 shares of the company’s stock, valued at approximately $947,000.

A number of other large investors also recently bought and sold shares of BBHY. LPL Financial LLC increased its stake in JPMorgan BetaBuilders USD High Yield Corporate Bond ETF by 58.7% in the second quarter. LPL Financial LLC now owns 1,469,225 shares of the company’s stock worth $67,202,000 after purchasing an additional 543,660 shares during the period. Envestnet Asset Management Inc. increased its stake in JPMorgan BetaBuilders USD High Yield Corporate Bond ETF by 81.1% in the 2nd quarter. Envestnet Asset Management Inc. now owns 638,907 shares of the company’s stock worth $29,224,000 after buying an additional 286,155 shares during the period. Janney Montgomery Scott LLC lifted its holdings in JPMorgan BetaBuilders USD High Yield Corporate Bond ETF by 12.5% during the 3rd quarter. Janney Montgomery Scott LLC now owns 628,982 shares of the company’s stock valued at $29,789,000 after buying an additional 69,715 shares in the last quarter. Great Valley Advisor Group Inc. boosted its position in JPMorgan BetaBuilders USD High Yield Corporate Bond ETF by 2.9% in the 3rd quarter. Great Valley Advisor Group Inc. now owns 488,953 shares of the company’s stock valued at $23,157,000 after buying an additional 13,965 shares during the period. Finally, Jane Street Group LLC boosted its position in JPMorgan BetaBuilders USD High Yield Corporate Bond ETF by 245.1% in the 3rd quarter. Jane Street Group LLC now owns 395,535 shares of the company’s stock valued at $18,733,000 after buying an additional 280,936 shares during the period.

JPMorgan BetaBuilders USD High Yield Corporate Bond ETF Stock Performance

Shares of BATS:BBHY opened at $46.62 on Monday. The stock’s 50 day moving average is $46.76 and its 200 day moving average is $46.48.

JPMorgan BetaBuilders USD High Yield Corporate Bond ETF 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.