von Borstel & Associates Inc. Invests $6.15 Million in JPMorgan BetaBuilders U.S. Equity ETF $BBUS

von Borstel & Associates Inc. bought a new position in shares of JPMorgan BetaBuilders U.S. Equity ETF (BATS:BBUS) in the third quarter, according to the company in its most recent filing with the SEC. The fund bought 49,831 shares of the company’s stock, valued at approximately $6,148,000. JPMorgan BetaBuilders U.S. Equity ETF accounts for 0.9% of von Borstel & Associates Inc.’s investment portfolio, making the stock its 21st biggest position. von Borstel & Associates Inc. owned about 0.11% of JPMorgan BetaBuilders U.S. Equity ETF as of its most recent filing with the SEC.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Smartleaf Asset Management LLC acquired a new stake in shares of JPMorgan BetaBuilders U.S. Equity ETF in the second quarter worth $32,000. US Bancorp DE purchased a new stake in JPMorgan BetaBuilders U.S. Equity ETF during the 3rd quarter worth $43,000. NewEdge Advisors LLC boosted its position in JPMorgan BetaBuilders U.S. Equity ETF by 462.8% during the 1st quarter. NewEdge Advisors LLC now owns 439 shares of the company’s stock worth $44,000 after purchasing an additional 361 shares during the period. Allworth Financial LP raised its position in JPMorgan BetaBuilders U.S. Equity ETF by 20.9% in the second quarter. Allworth Financial LP now owns 822 shares of the company’s stock valued at $92,000 after purchasing an additional 142 shares during the period. Finally, Cary Street Partners Financial LLC purchased a new stake in shares of JPMorgan BetaBuilders U.S. Equity ETF in the third quarter worth about $133,000.

JPMorgan BetaBuilders U.S. Equity ETF Stock Performance

BBUS stock opened at $119.33 on Friday. The firm has a market cap of $5.35 billion, a P/E ratio of 25.39 and a beta of 1.02. JPMorgan BetaBuilders U.S. Equity ETF has a 1 year low of $86.94 and a 1 year high of $126.08. The stock has a 50-day simple moving average of $123.87 and a 200-day simple moving average of $122.27.

JPMorgan 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.