Janney Montgomery Scott LLC Purchases 533,266 Shares of JP Morgan BetaBuilders U.S. Equity ETF (BATS:BBUS)

Janney Montgomery Scott LLC grew its position in JP Morgan BetaBuilders U.S. Equity ETF (BATS:BBUS) by 26.8% in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 2,523,154 shares of the company’s stock after acquiring an additional 533,266 shares during the quarter. JP Morgan BetaBuilders U.S. Equity ETF accounts for about 0.7% of Janney Montgomery Scott LLC’s holdings, making the stock its 19th largest position. Janney Montgomery Scott LLC owned 7.40% of JP Morgan BetaBuilders U.S. Equity ETF worth $261,348,000 at the end of the most recent reporting period.

Several other institutional investors also recently modified their holdings of BBUS. UMB Bank n.a. acquired a new stake in shares of JP Morgan BetaBuilders U.S. Equity ETF during the 2nd quarter valued at about $29,000. LGT Financial Advisors LLC grew its stake 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 valued at $64,000 after purchasing an additional 249 shares during the period. Northwestern Mutual Wealth Management Co. grew its stake 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 valued at $98,000 after purchasing an additional 740 shares during the period. Ridgewood Investments LLC acquired a new position in shares of JP Morgan BetaBuilders U.S. Equity ETF in the 2nd quarter worth approximately $113,000. Finally, Strategic Financial Concepts LLC lifted its position in shares of JP Morgan BetaBuilders U.S. Equity ETF by 2,740.4% during the 2nd quarter. Strategic Financial Concepts LLC now owns 256,235 shares of the company’s stock worth $251,000 after buying an additional 247,214 shares during the period.

JP Morgan BetaBuilders U.S. Equity ETF Stock Up 0.5 %

Shares of BATS:BBUS opened at $103.25 on Friday. The company has a fifty day moving average of $102.70 and a two-hundred day moving average of $98.72. The company has a market capitalization of $3.52 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.