JPMorgan BetaBuilders U.S. Equity ETF $BBUS is Vestmark Advisory Solutions Inc.’s 2nd Largest Position

Vestmark Advisory Solutions Inc. trimmed its position in shares of JPMorgan BetaBuilders U.S. Equity ETF (BATS:BBUS) by 47.1% during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 1,510,723 shares of the company’s stock after selling 1,346,095 shares during the period. JPMorgan BetaBuilders U.S. Equity ETF makes up approximately 3.5% of Vestmark Advisory Solutions Inc.’s holdings, making the stock its 2nd biggest holding. Vestmark Advisory Solutions Inc. owned approximately 3.37% of JPMorgan BetaBuilders U.S. Equity ETF worth $182,284,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. JPMorgan Chase & Co. raised its stake in JPMorgan BetaBuilders U.S. Equity ETF by 14.0% during the third quarter. JPMorgan Chase & Co. now owns 4,246,186 shares of the company’s stock valued at $512,345,000 after purchasing an additional 521,394 shares in the last quarter. Janney Montgomery Scott LLC grew its stake in shares of JPMorgan BetaBuilders U.S. Equity ETF by 5.4% in the 3rd quarter. Janney Montgomery Scott LLC now owns 3,289,691 shares of the company’s stock worth $396,934,000 after buying an additional 169,203 shares in the last quarter. Envestnet Asset Management Inc. increased its holdings in shares of JPMorgan BetaBuilders U.S. Equity ETF by 10.2% in the 3rd quarter. Envestnet Asset Management Inc. now owns 1,797,695 shares of the company’s stock worth $216,910,000 after buying an additional 165,852 shares during the last quarter. Assetmark Inc. increased its holdings in shares of JPMorgan BetaBuilders U.S. Equity ETF by 17.8% in the 3rd quarter. Assetmark Inc. now owns 548,106 shares of the company’s stock worth $66,134,000 after buying an additional 82,848 shares during the last quarter. Finally, Kelly Financial Group LLC raised its position in shares of JPMorgan BetaBuilders U.S. Equity ETF by 1.8% during the 3rd quarter. Kelly Financial Group LLC now owns 495,230 shares of the company’s stock valued at $59,755,000 after buying an additional 8,553 shares in the last quarter.

JPMorgan BetaBuilders U.S. Equity ETF Trading Up 0.6%

Shares of BATS:BBUS opened at $124.19 on Friday. The company has a market cap of $5.56 billion, a price-to-earnings ratio of 25.39 and a beta of 1.02. JPMorgan BetaBuilders U.S. Equity ETF has a 12 month low of $86.94 and a 12 month high of $126.08. The company has a 50-day moving average price of $124.21 and a 200 day moving average price of $121.61.

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.