Royal Bank of Canada Has $9.52 Million Position in JPMorgan BetaBuilders U.S. Equity ETF $BBUS

Royal Bank of Canada raised its holdings in shares of JPMorgan BetaBuilders U.S. Equity ETF (BATS:BBUS) by 16.8% in the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 81,268 shares of the company’s stock after purchasing an additional 11,662 shares during the quarter. Royal Bank of Canada owned 0.18% of JPMorgan BetaBuilders U.S. Equity ETF worth $9,524,000 as of its most recent SEC filing.

Several other institutional investors have also recently bought and sold shares of BBUS. Gateway Wealth Partners LLC grew its holdings in shares of JPMorgan BetaBuilders U.S. Equity ETF by 140.6% during the first quarter. Gateway Wealth Partners LLC now owns 44,536 shares of the company’s stock valued at $5,219,000 after buying an additional 26,022 shares during the last quarter. Ascension Capital Advisors Inc. acquired a new stake in shares of JPMorgan BetaBuilders U.S. Equity ETF in the 1st quarter worth about $723,000. Cetera Investment Advisers lifted its position in JPMorgan BetaBuilders U.S. Equity ETF by 5.5% in the 1st quarter. Cetera Investment Advisers now owns 530,183 shares of the company’s stock valued at $62,126,000 after acquiring an additional 27,406 shares in the last quarter. Florida Financial Advisors LLC lifted its position in JPMorgan BetaBuilders U.S. Equity ETF by 5.1% in the 1st quarter. Florida Financial Advisors LLC now owns 102,439 shares of the company’s stock valued at $12,004,000 after acquiring an additional 5,009 shares in the last quarter. Finally, Cornerstone Planning Group LLC bought a new position in JPMorgan BetaBuilders U.S. Equity ETF in the 1st quarter valued at about $70,000.

JPMorgan BetaBuilders U.S. Equity ETF Stock Performance

BBUS stock opened at $139.50 on Monday. The business has a 50-day simple moving average of $134.66 and a two-hundred day simple moving average of $128.49. The company has a market capitalization of $6.25 billion, a P/E ratio of 25.39 and a beta of 1.02. JPMorgan BetaBuilders U.S. Equity ETF has a 52-week low of $113.43 and a 52-week high of $140.02.

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.