Perigon Wealth Management LLC Raises Stock Position in JP Morgan BetaBuilders U.S. Equity ETF (BATS:BBUS)

Perigon Wealth Management LLC grew its holdings in JP Morgan BetaBuilders U.S. Equity ETF (BATS:BBUS) by 9.9% during the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 366,095 shares of the company’s stock after acquiring an additional 33,043 shares during the period. JP Morgan BetaBuilders U.S. Equity ETF comprises approximately 1.0% of Perigon Wealth Management LLC’s holdings, making the stock its 14th biggest holding. Perigon Wealth Management LLC’s holdings in JP Morgan BetaBuilders U.S. Equity ETF were worth $37,920,000 as of its most recent SEC filing.

A number of other hedge funds have also made changes to their positions in BBUS. UMB Bank n.a. purchased a new stake in JP Morgan BetaBuilders U.S. Equity ETF during the 2nd quarter worth $29,000. LGT Financial Advisors LLC increased its position in shares of JP Morgan BetaBuilders U.S. Equity ETF by 62.1% in 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 during the last quarter. Northwestern Mutual Wealth Management Co. increased its position in shares of JP Morgan BetaBuilders U.S. Equity ETF by 291.3% in 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. Ridgewood Investments LLC bought a new stake in shares of JP Morgan BetaBuilders U.S. Equity ETF in the 2nd quarter worth about $113,000. Finally, Strategic Financial Concepts LLC increased its position in shares of 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 during the last quarter.

JP Morgan BetaBuilders U.S. Equity ETF Trading Up 0.4 %

Shares of BBUS traded up $0.43 during midday trading on Thursday, hitting $105.15. The company had a trading volume of 52,008 shares. The firm has a 50 day moving average price of $101.35 and a 200 day moving average price of $97.75. The stock has a market cap of $3.59 billion, a PE ratio of 25.65 and a beta of 1.02.

JP Morgan BetaBuilders U.S. Equity ETF Company 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.