130,200 Shares of JPMorgan BetaBuilders U.S. Equity ETF $BBUS Bought by Gradient Investments LLC

Gradient Investments LLC bought a new stake in JPMorgan BetaBuilders U.S. Equity ETF (BATS:BBUS) during the third quarter, HoldingsChannel.com reports. The fund bought 130,200 shares of the company’s stock, valued at approximately $17,913,000.

Several other hedge funds have also recently added to or reduced their stakes in BBUS. Janney Montgomery Scott LLC lifted its stake in JPMorgan BetaBuilders U.S. Equity ETF by 2.8% during the fourth quarter. Janney Montgomery Scott LLC now owns 3,382,109 shares of the company’s stock worth $417,048,000 after purchasing an additional 92,418 shares during the period. M Holdings Securities Inc. bought a new stake in shares of JPMorgan BetaBuilders U.S. Equity ETF in the 2nd quarter valued at approximately $7,949,000. Great Valley Advisor Group Inc. raised its holdings in shares of JPMorgan BetaBuilders U.S. Equity ETF by 8.4% in the 4th quarter. Great Valley Advisor Group Inc. now owns 92,591 shares of the company’s stock worth $11,417,000 after buying an additional 7,196 shares in the last quarter. RPg Family Wealth Advisory LLC acquired a new position in shares of JPMorgan BetaBuilders U.S. Equity ETF in the 2nd quarter worth approximately $8,933,000. Finally, Citadel Advisors LLC bought a new position in shares of JPMorgan BetaBuilders U.S. Equity ETF during the 2nd quarter worth approximately $5,569,000.

JPMorgan BetaBuilders U.S. Equity ETF Trading Down 0.7%

BBUS stock traded down $1.05 during trading on Thursday, hitting $139.37. The company had a trading volume of 174,792 shares, compared to its average volume of 240,894. The company has a fifty day moving average price of $138.38 and a two-hundred day moving average price of $133.14. JPMorgan BetaBuilders U.S. Equity ETF has a fifty-two week low of $113.43 and a fifty-two week high of $141.25. The company has a market cap of $6.24 billion, a P/E ratio of 25.39 and a beta of 1.02.

JPMorgan BetaBuilders U.S. Equity ETF Profile

The JPMorgan BetaBuilders U.S. Equity ETF (BBUS) is an exchange-traded fund that mostly invests in total market equity. The fund tracks an index of US equities, selected and weighted by market cap. BBUS was launched on Mar 12, 2019 and is managed by JPMorgan Chase.