JPMorgan Chase & Co. Buys 140,680 Shares of JPMorgan BetaBuilders U.S. Equity ETF $BBUS

JPMorgan Chase & Co. lifted its stake in JPMorgan BetaBuilders U.S. Equity ETF (BATS:BBUS) by 3.3% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 4,386,866 shares of the company’s stock after buying an additional 140,680 shares during the period. JPMorgan Chase & Co. owned about 9.79% of JPMorgan BetaBuilders U.S. Equity ETF worth $540,945,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also modified their holdings of BBUS. Ascent Group LLC lifted its holdings in shares of 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 acquiring an additional 5,798 shares during the period. Triad Wealth Partners LLC grew its holdings in shares of 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 purchasing an additional 20,125 shares during the last quarter. Goodman Advisory Group LLC bought a new stake in shares of JPMorgan BetaBuilders U.S. Equity ETF in the 3rd quarter worth about $612,000. Aptus Capital Advisors LLC increased its position in shares of JPMorgan BetaBuilders U.S. Equity ETF by 11.6% during the 3rd quarter. Aptus Capital Advisors LLC now owns 61,663 shares of the company’s stock worth $7,440,000 after purchasing an additional 6,393 shares in the last quarter. Finally, Olde Wealth Management LLC acquired a new stake in shares of JPMorgan BetaBuilders U.S. Equity ETF during the 3rd quarter worth about $1,140,000.

JPMorgan BetaBuilders U.S. Equity ETF Trading Down 1.6%

Shares of JPMorgan BetaBuilders U.S. Equity ETF stock opened at $130.77 on Thursday. JPMorgan BetaBuilders U.S. Equity ETF has a 1-year low of $107.50 and a 1-year high of $137.20. The stock has a market capitalization of $5.86 billion, a price-to-earnings ratio of 25.39 and a beta of 1.02. The firm’s 50-day moving average price is $129.50 and its two-hundred day moving average price is $125.28.

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.