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

JPMorgan BetaBuilders U.S. Equity ETF (BATS:BBUS) saw a significant growth in short interest in the month of July. As of July 15th, there was short interest totaling 845,277 shares, a growth of 329.1% from the June 30th total of 197,011 shares. Currently, 1.9% of the shares of the stock are sold short. Based on an average trading volume of 149,076 shares, the days-to-cover ratio is presently 5.7 days.

Institutional Inflows and Outflows

Hedge funds have recently made changes to their positions in the company. Ascent Group LLC boosted its stake in JPMorgan BetaBuilders U.S. Equity ETF by 6.7% during the fourth quarter. Ascent Group LLC now owns 92,837 shares of the company’s stock valued at $11,448,000 after buying an additional 5,798 shares during the period. Triad Wealth Partners LLC increased its stake in JPMorgan BetaBuilders U.S. Equity ETF by 176.6% in the 4th quarter. Triad Wealth Partners LLC now owns 31,522 shares of the company’s stock worth $3,887,000 after acquiring an additional 20,125 shares during the last quarter. MGO One Seven LLC increased its stake in JPMorgan BetaBuilders U.S. Equity ETF by 15.3% in the 4th quarter. MGO One Seven LLC now owns 47,257 shares of the company’s stock worth $5,827,000 after acquiring an additional 6,258 shares during the last quarter. Vestmark Advisory Solutions Inc. increased its stake in JPMorgan BetaBuilders U.S. Equity ETF by 13.1% in the 4th 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. Finally, Janney Montgomery Scott LLC raised its holdings in shares of JPMorgan BetaBuilders U.S. Equity ETF by 2.8% in the 4th quarter. Janney Montgomery Scott LLC now owns 3,382,109 shares of the company’s stock valued at $417,048,000 after acquiring an additional 92,418 shares in the last quarter.

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

JPMorgan BetaBuilders U.S. Equity ETF stock opened at $133.15 on Tuesday. The firm’s 50 day simple moving average is $134.37 and its 200 day simple moving average is $127.78. The firm has a market capitalization of $5.97 billion, a PE ratio of 25.39 and a beta of 1.02. JPMorgan BetaBuilders U.S. Equity ETF has a 1-year low of $112.19 and a 1-year high of $137.20.

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.