M Holdings Securities Inc. Acquires Shares of 59,006 JPMorgan BetaBuilders U.S. Equity ETF $BBUS

M Holdings Securities Inc. bought a new position in shares of JPMorgan BetaBuilders U.S. Equity ETF (BATS:BBUS) in the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund bought 59,006 shares of the company’s stock, valued at approximately $7,949,000. JPMorgan BetaBuilders U.S. Equity ETF accounts for 1.1% of M Holdings Securities Inc.’s portfolio, making the stock its 17th largest holding.

Several other hedge funds and other institutional investors have also made changes to their positions in BBUS. JPMorgan Chase & Co. increased its holdings in JPMorgan BetaBuilders U.S. Equity ETF by 3.3% in the fourth quarter. JPMorgan Chase & Co. now owns 4,386,866 shares of the company’s stock valued at $540,945,000 after purchasing an additional 140,680 shares during the last quarter. Janney Montgomery Scott LLC grew its position 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 worth $417,048,000 after buying an additional 92,418 shares during the period. LPL Financial LLC grew its position 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 worth $382,555,000 after buying an additional 132,407 shares during the period. Morgan Stanley increased its stake in shares of JPMorgan BetaBuilders U.S. Equity ETF by 25.5% in the 4th quarter. Morgan Stanley now owns 2,861,481 shares of the company’s stock valued at $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 4th quarter. Vestmark Advisory Solutions Inc. now owns 1,708,199 shares of the company’s stock valued at $210,638,000 after acquiring an additional 197,476 shares during the last quarter.

JPMorgan BetaBuilders U.S. Equity ETF Stock Performance

Shares of BATS BBUS opened at $138.80 on Monday. The stock has a market cap of $6.22 billion, a P/E ratio of 25.39 and a beta of 1.02. The firm has a 50 day moving average price of $135.95 and a 200 day moving average price of $130.01. JPMorgan BetaBuilders U.S. Equity ETF has a 52-week low of $113.43 and a 52-week high of $140.70.

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.