Family Asset Management LLC Boosts Stake in JP Morgan BetaBuilders U.S. Equity ETF (BATS:BBUS)

Family Asset Management LLC lifted its holdings in shares of JP Morgan BetaBuilders U.S. Equity ETF (BATS:BBUS) by 23.3% in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 2,527 shares of the company’s stock after purchasing an additional 478 shares during the quarter. Family Asset Management LLC’s holdings in JP Morgan BetaBuilders U.S. Equity ETF were worth $262,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors have also recently modified their holdings of 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 grew its stake in shares of JP Morgan BetaBuilders U.S. Equity ETF by 62.1% in the second quarter. LGT Financial Advisors LLC now owns 650 shares of the company’s stock valued at $64,000 after buying an additional 249 shares in the last quarter. Northwestern Mutual Wealth Management Co. raised its holdings 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 valued at $98,000 after buying an additional 740 shares during the period. Ridgewood Investments LLC acquired a new position in JP Morgan BetaBuilders U.S. Equity ETF during the 2nd quarter worth approximately $113,000. Finally, Strategic Financial Concepts LLC boosted its holdings 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 acquiring an additional 247,214 shares during the period.

JP Morgan BetaBuilders U.S. Equity ETF Stock Performance

BATS:BBUS traded up $1.29 during trading hours on Wednesday, hitting $104.27. The stock had a trading volume of 109,898 shares. The company has a market capitalization of $3.56 billion, a P/E ratio of 25.65 and a beta of 1.02. The firm has a fifty day simple moving average of $102.80 and a 200 day simple moving average of $98.98.

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.