BBAG Stock Summary and Trading Ideas (JPMorgan Betabuilders U.S. Aggregate Bond ETF | ARCA:BBAG)

The Fund seeks investment results that closely correspond, before fees and expenses, to the performance of the Bloomberg US Corporate Bond Index (the Underlying Index), which measures the investment grade, fixed-rate, taxable corporate bond market and includes USD denominated securities publicly issued by US and non-US industrial, utility and financial issuers. Bloomberg Index Services Limited is the index provider for the Underlying Index (the Index Provider). The Fund will invest at least 80% of its Assets in securities included in the Underlying Index. "Assets" means net assets, plus the amount of borrowings for investment purposes. The Fund will provide shareholders with at least 60 days prior notice of any change to this policy. The Underlying Index is market capitalization weighted and is designed to measure the performance of U.S. dollar denominated investment grade corporate debt publicly issued in the U.S. domestic market. The Underlying Index is a component of the Bloomberg US Credit and Bloomberg US Aggregate indices.

JPMorgan Betabuilders U.S. Aggregate Bond ETF trades on the ARCA stock market under the symbol BBAG.

As of April 24, 2024, BBAG stock price declined to $44.66 with 73,526 million shares trading.

BBAG has a beta of 0.29, meaning it tends to be less sensitive to market movements. BBAG has a correlation of 0.29 to the broad based SPY ETF.

BBAG has a market cap of $1.60 billion. This is considered a Small Cap stock.

BBAG has underperformed the market in the last year with a return of -1.0%, while the SPY ETF gained +24.1%. In the last 3 month period, BBAG fell short of the market, returning -1.6%, while SPY returned +4.5%. However, in the most recent 2 weeks BBAG has outperformed the stock market by returning -0.4%, while SPY returned -1.7%.

BBAG support price is $44.60 and resistance is $44.94 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that BBAG stock will trade within this expected range on the day.