BBCB Stock Summary and Trading Ideas (JPMorgan Betabuilders USD Investment Grade Corporate Bond ETF | ARCA:BBCB)

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. As of December 31, 2022, the duration of the Underlying Index was 7.13 years.

JPMorgan Betabuilders USD Investment Grade Corporate Bond ETF trades on the ARCA stock market under the symbol BBCB.

As of December 13, 2024, BBCB stock price declined to $45.42 with 2,272 million shares trading.

BBCB has a market cap of $43.15 million. This is considered a Sub-Micro Cap stock.

BBCB has underperformed the market in the last year with a price return of +4.3% while the SPY ETF gained +29.9%. BBCB has also underperformed the stock market ETF in the last 3 month and 2 week periods returning -2.1% and -0.5%, respectively, while the SPY returned +7.8% and +0.3%, respectively.

BBCB support price is $45.41 and resistance is $45.78 (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 BBCB shares will trade within this expected range on the day.