JPMorgan BetaBuilders U.S. Equity ETF (BATS:BBUS) Short Interest Update

JPMorgan BetaBuilders U.S. Equity ETF (BATS:BBUS) was the recipient of a large decrease in short interest in June. As of June 15th, there was short interest totaling 44,122 shares, a decrease of 90.7% from the May 31st total of 472,859 shares. Approximately 0.1% of the company’s stock are sold short. Based on an average trading volume of 204,095 shares, the short-interest ratio is currently 0.2 days.

JPMorgan BetaBuilders U.S. Equity ETF Trading Down 0.0%

BATS BBUS traded down $0.03 during trading on Thursday, reaching $132.09. 206,352 shares of the company’s stock were exchanged, compared to its average volume of 262,815. JPMorgan BetaBuilders U.S. Equity ETF has a fifty-two week low of $110.22 and a fifty-two week high of $137.20. The company’s fifty day simple moving average is $132.33 and its 200-day simple moving average is $126.09. The firm has a market capitalization of $5.92 billion, a PE ratio of 25.39 and a beta of 1.02.

Institutional Inflows and Outflows

Several large investors have recently added to or reduced their stakes in the stock. JPMorgan Chase & Co. lifted its position in JPMorgan BetaBuilders U.S. Equity ETF by 3.3% in the 4th quarter. JPMorgan Chase & Co. now owns 4,386,866 shares of the company’s stock worth $540,945,000 after buying an additional 140,680 shares in the last quarter. Janney Montgomery Scott LLC boosted its stake in shares of JPMorgan BetaBuilders U.S. Equity ETF by 2.8% during the 4th quarter. Janney Montgomery Scott LLC now owns 3,382,109 shares of the company’s stock valued at $417,048,000 after buying an additional 92,418 shares during the period. LPL Financial LLC grew its holdings in shares of JPMorgan BetaBuilders U.S. Equity ETF by 4.5% during the 4th quarter. LPL Financial LLC now owns 3,102,383 shares of the company’s stock valued at $382,555,000 after acquiring an additional 132,407 shares in the last quarter. Morgan Stanley increased its stake in shares of JPMorgan BetaBuilders U.S. Equity ETF by 25.5% in the fourth quarter. Morgan Stanley now owns 2,861,481 shares of the company’s stock worth $352,849,000 after acquiring an additional 580,931 shares during the last quarter. Finally, Vestmark Advisory Solutions Inc. increased its stake in shares of JPMorgan BetaBuilders U.S. Equity ETF by 13.1% in the fourth quarter. Vestmark Advisory Solutions Inc. now owns 1,708,199 shares of the company’s stock worth $210,638,000 after acquiring an additional 197,476 shares during the last quarter.

JPMorgan BetaBuilders U.S. Equity ETF Company 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.