Cambridge Investment Research Advisors Inc. Lowers Stock Holdings in JPMorgan BetaBuilders U.S. Equity ETF $BBUS

Cambridge Investment Research Advisors Inc. decreased its position in shares of JPMorgan BetaBuilders U.S. Equity ETF (BATS:BBUS) by 4.8% during the fourth quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 504,071 shares of the company’s stock after selling 25,165 shares during the quarter. Cambridge Investment Research Advisors Inc.’s holdings in JPMorgan BetaBuilders U.S. Equity ETF were worth $62,157,000 at the end of the most recent quarter.

A number of other large investors also recently modified their holdings of the company. Northwestern Mutual Wealth Management Co. lifted its stake in shares of JPMorgan BetaBuilders U.S. Equity ETF by 2,645.9% during the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 23,395 shares of the company’s stock valued at $2,885,000 after buying an additional 22,543 shares in the last quarter. Thrivent Financial for Lutherans purchased a new position in shares of JPMorgan BetaBuilders U.S. Equity ETF during the 4th quarter valued at $3,154,000. Fingerlakes Wealth Management Inc. lifted its stake in shares of JPMorgan BetaBuilders U.S. Equity ETF by 5.1% during the 4th quarter. Fingerlakes Wealth Management Inc. now owns 29,527 shares of the company’s stock valued at $3,641,000 after buying an additional 1,427 shares in the last quarter. Ameritas Advisory Services LLC purchased a new position in shares of JPMorgan BetaBuilders U.S. Equity ETF during the 4th quarter valued at $290,000. Finally, World Investment Advisors lifted its stake in shares of JPMorgan BetaBuilders U.S. Equity ETF by 53.8% during the 4th quarter. World Investment Advisors now owns 5,901 shares of the company’s stock valued at $728,000 after buying an additional 2,064 shares in the last quarter.

JPMorgan BetaBuilders U.S. Equity ETF Stock Performance

BBUS opened at $133.07 on Friday. The stock has a market cap of $5.96 billion, a price-to-earnings ratio of 25.39 and a beta of 1.02. JPMorgan BetaBuilders U.S. Equity ETF has a fifty-two week low of $104.20 and a fifty-two week high of $134.98. The firm’s fifty day moving average is $123.99 and its 200 day moving average is $123.72.

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.