Strategic Financial Concepts LLC Acquires 14,901 Shares of JPMorgan BetaBuilders U.S. Equity ETF $BBUS

Strategic Financial Concepts LLC boosted its holdings in JPMorgan BetaBuilders U.S. Equity ETF (BATS:BBUS) by 399.6% in the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 18,630 shares of the company’s stock after purchasing an additional 14,901 shares during the quarter. JPMorgan BetaBuilders U.S. Equity ETF comprises 2.1% of Strategic Financial Concepts LLC’s holdings, making the stock its 13th largest holding. Strategic Financial Concepts LLC’s holdings in JPMorgan BetaBuilders U.S. Equity ETF were worth $2,297,000 as of its most recent SEC filing.

A number of other hedge funds have also added to or reduced their stakes in the business. Ignite Planners LLC increased its holdings in JPMorgan BetaBuilders U.S. Equity ETF by 4.5% in the fourth quarter. Ignite Planners LLC now owns 15,722 shares of the company’s stock worth $1,962,000 after purchasing an additional 680 shares in the last quarter. Vestmark Advisory Solutions Inc. increased its holdings in JPMorgan BetaBuilders U.S. Equity ETF by 13.1% in the fourth quarter. Vestmark Advisory Solutions Inc. now owns 1,708,199 shares of the company’s stock worth $210,638,000 after purchasing an additional 197,476 shares in the last quarter. IFP Advisors Inc increased its holdings in JPMorgan BetaBuilders U.S. Equity ETF by 10.8% in the fourth quarter. IFP Advisors Inc now owns 35,333 shares of the company’s stock worth $4,357,000 after purchasing an additional 3,444 shares in the last quarter. Csenge Advisory Group increased its holdings in JPMorgan BetaBuilders U.S. Equity ETF by 20.8% in the fourth quarter. Csenge Advisory Group now owns 4,305 shares of the company’s stock worth $531,000 after purchasing an additional 742 shares in the last quarter. Finally, HighTower Advisors LLC increased its holdings in JPMorgan BetaBuilders U.S. Equity ETF by 12.0% in the fourth quarter. HighTower Advisors LLC now owns 10,096 shares of the company’s stock worth $1,245,000 after purchasing an additional 1,085 shares in the last quarter.

JPMorgan BetaBuilders U.S. Equity ETF Stock Performance

Shares of BBUS stock opened at $134.38 on Friday. The company has a market cap of $6.02 billion, a P/E ratio of 25.39 and a beta of 1.02. The stock has a 50 day simple moving average of $125.12 and a two-hundred day simple moving average of $124.05. JPMorgan BetaBuilders U.S. Equity ETF has a fifty-two week low of $104.20 and a fifty-two week high of $134.98.

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.