JPMorgan Chase & Co. Boosts Holdings in JP Morgan BetaBuilders U.S. Equity ETF (BATS:BBUS)

JPMorgan Chase & Co. raised its stake in shares of JP Morgan BetaBuilders U.S. Equity ETF (BATS:BBUS) by 12.1% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 4,155,921 shares of the company’s stock after buying an additional 447,136 shares during the quarter. JPMorgan Chase & Co. owned about 12.19% of JP Morgan BetaBuilders U.S. Equity ETF worth $440,195,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors and hedge funds have also recently modified their holdings of BBUS. FMR LLC grew its stake in JP Morgan BetaBuilders U.S. Equity ETF by 31.7% during the third quarter. FMR LLC now owns 2,654 shares of the company’s stock valued at $275,000 after acquiring an additional 639 shares in the last quarter. Townsquare Capital LLC purchased a new position in shares of JP Morgan BetaBuilders U.S. Equity ETF during the third quarter valued at about $1,076,000. Tradition Wealth Management LLC increased its holdings in shares of JP Morgan BetaBuilders U.S. Equity ETF by 5.6% in the third quarter. Tradition Wealth Management LLC now owns 127,674 shares of the company’s stock worth $13,224,000 after purchasing an additional 6,769 shares during the last quarter. Ascent Group LLC lifted its position in shares of JP Morgan BetaBuilders U.S. Equity ETF by 1.4% in the third quarter. Ascent Group LLC now owns 40,045 shares of the company’s stock worth $4,148,000 after buying an additional 549 shares in the last quarter. Finally, HighTower Advisors LLC boosted its stake in JP Morgan BetaBuilders U.S. Equity ETF by 12.9% during the third quarter. HighTower Advisors LLC now owns 8,913 shares of the company’s stock valued at $923,000 after buying an additional 1,016 shares during the last quarter.

JP Morgan BetaBuilders U.S. Equity ETF Price Performance

BATS:BBUS opened at $100.36 on Friday. The company has a market cap of $4.09 billion, a price-to-earnings ratio of 24.93 and a beta of 1.04. JP Morgan BetaBuilders U.S. Equity ETF has a 1 year low of $89.17 and a 1 year high of $111.04. The stock’s 50 day simple moving average is $106.54 and its two-hundred day simple moving average is $106.18.

JP Morgan BetaBuilders U.S. Equity ETF 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.