LPL Financial LLC Grows Stake in JP Morgan BetaBuilders U.S. Equity ETF (BATS:BBUS)

LPL Financial LLC increased its holdings in JP Morgan BetaBuilders U.S. Equity ETF (BATS:BBUS) by 5.8% during the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 1,679,655 shares of the company’s stock after purchasing an additional 92,079 shares during the period. LPL Financial LLC owned 4.93% of JP Morgan BetaBuilders U.S. Equity ETF worth $164,808,000 as of its most recent SEC filing.

A number of other large investors also recently added to or reduced their stakes in the business. Janney Montgomery Scott LLC raised its position in shares of JP Morgan BetaBuilders U.S. Equity ETF by 31.3% during the first quarter. Janney Montgomery Scott LLC now owns 1,566,681 shares of the company’s stock valued at $147,942,000 after buying an additional 373,321 shares during the last quarter. Perigon Wealth Management LLC bought a new stake in JP Morgan BetaBuilders U.S. Equity ETF in the 1st quarter valued at $28,925,000. Strategic Financial Concepts LLC lifted its stake in JP Morgan BetaBuilders U.S. Equity ETF by 2,740.4% in the 2nd quarter. Strategic Financial Concepts LLC now owns 256,235 shares of the company’s stock worth $251,000 after purchasing an additional 247,214 shares in the last quarter. Cetera Investment Advisers boosted its holdings in shares of JP Morgan BetaBuilders U.S. Equity ETF by 408.8% during the 1st quarter. Cetera Investment Advisers now owns 139,274 shares of the company’s stock valued at $13,152,000 after purchasing an additional 111,903 shares during the last quarter. Finally, Assetmark Inc. grew its position in shares of JP Morgan BetaBuilders U.S. Equity ETF by 19.7% during the fourth quarter. Assetmark Inc. now owns 673,909 shares of the company’s stock valued at $57,882,000 after purchasing an additional 110,790 shares in the last quarter.

JP Morgan BetaBuilders U.S. Equity ETF Stock Up 1.0 %

Shares of BBUS stock opened at $100.01 on Thursday. The company has a market capitalization of $3.41 billion, a PE ratio of 25.65 and a beta of 1.02. The stock has a 50-day moving average price of $99.13 and a 200-day moving average price of $95.97.

About JP Morgan BetaBuilders U.S. Equity ETF

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.