JP Morgan BetaBuilders U.S. Equity ETF (BATS:BBUS) Stock Position Lifted by Ascent Group LLC

Ascent Group LLC lifted its stake in shares of JP Morgan BetaBuilders U.S. Equity ETF (BATS:BBUS) by 1.4% during the third quarter, Holdings Channel.com reports. The firm owned 40,045 shares of the company’s stock after acquiring an additional 549 shares during the period. Ascent Group LLC’s holdings in JP Morgan BetaBuilders U.S. Equity ETF were worth $4,148,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors have also bought and sold shares of the stock. Janney Montgomery Scott LLC increased its stake in JP Morgan BetaBuilders U.S. Equity ETF by 26.8% during the 3rd quarter. Janney Montgomery Scott LLC now owns 2,523,154 shares of the company’s stock valued at $261,348,000 after buying an additional 533,266 shares during the period. LPL Financial LLC boosted its holdings in shares of JP Morgan BetaBuilders U.S. Equity ETF by 31.9% in the third quarter. LPL Financial LLC now owns 2,215,723 shares of the company’s stock valued at $229,505,000 after acquiring an additional 536,068 shares in the last quarter. Envestnet Asset Management Inc. increased its stake in shares of JP Morgan BetaBuilders U.S. Equity ETF by 13.9% during the second quarter. Envestnet Asset Management Inc. now owns 868,165 shares of the company’s stock valued at $85,184,000 after acquiring an additional 106,181 shares during the period. Cornerstone Wealth Management LLC raised its holdings in JP Morgan BetaBuilders U.S. Equity ETF by 4.5% during the third quarter. Cornerstone Wealth Management LLC now owns 677,451 shares of the company’s stock worth $70,170,000 after purchasing an additional 29,228 shares in the last quarter. Finally, Assetmark Inc. lifted its position in JP Morgan BetaBuilders U.S. Equity ETF by 19.2% in the third quarter. Assetmark Inc. now owns 555,913 shares of the company’s stock worth $57,581,000 after purchasing an additional 89,669 shares during the period.

JP Morgan BetaBuilders U.S. Equity ETF Trading Up 0.6 %

Shares of BATS BBUS opened at $109.07 on Monday. The company has a market cap of $3.72 billion, a price-to-earnings ratio of 25.65 and a beta of 1.02. The firm’s 50-day moving average price is $105.35 and its two-hundred day moving average price is $100.91.

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.