Concourse Financial Group Securities Inc. Increases Stock Holdings in JP Morgan BetaBuilders U.S. Equity ETF (BATS:BBUS)

Concourse Financial Group Securities Inc. increased its holdings in JP Morgan BetaBuilders U.S. Equity ETF (BATS:BBUS) by 49.4% during the 3rd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 12,810 shares of the company’s stock after buying an additional 4,233 shares during the period. Concourse Financial Group Securities Inc.’s holdings in JP Morgan BetaBuilders U.S. Equity ETF were worth $1,327,000 as of its most recent SEC filing.

A number of other large investors have also recently added to or reduced their stakes in BBUS. UMB Bank n.a. purchased a new stake in shares of JP Morgan BetaBuilders U.S. Equity ETF in the second quarter valued at about $29,000. LGT Financial Advisors LLC increased its stake in shares of JP Morgan BetaBuilders U.S. Equity ETF by 62.1% during the 2nd quarter. LGT Financial Advisors LLC now owns 650 shares of the company’s stock worth $64,000 after purchasing an additional 249 shares in the last quarter. Northwestern Mutual Wealth Management Co. raised its position in shares of JP Morgan BetaBuilders U.S. Equity ETF by 291.3% during the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 994 shares of the company’s stock worth $98,000 after purchasing an additional 740 shares during the last quarter. ICA Group Wealth Management LLC purchased a new stake in JP Morgan BetaBuilders U.S. Equity ETF in the 4th quarter valued at approximately $102,000. Finally, Ridgewood Investments LLC acquired a new stake in JP Morgan BetaBuilders U.S. Equity ETF during the 2nd quarter valued at $113,000.

JP Morgan BetaBuilders U.S. Equity ETF Stock Performance

BATS BBUS opened at $105.52 on Tuesday. The business has a fifty day moving average of $100.90 and a two-hundred day moving average of $97.62. The firm has a market capitalization of $3.60 billion, a PE ratio of 25.65 and a beta of 1.02.

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.