Prime Capital Investment Advisors LLC Makes New $1.52 Million Investment in JPMorgan BetaBuilders U.S. Equity ETF $BBUS

Prime Capital Investment Advisors LLC bought a new position in shares of JPMorgan BetaBuilders U.S. Equity ETF (BATS:BBUS) during the 3rd quarter, according to its most recent 13F filing with the SEC. The fund bought 11,052 shares of the company’s stock, valued at approximately $1,521,000.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in BBUS. Envestnet Asset Management Inc. raised its stake in JPMorgan BetaBuilders U.S. Equity ETF by 11.8% in the second quarter. Envestnet Asset Management Inc. now owns 2,283,889 shares of the company’s stock valued at $307,217,000 after buying an additional 240,305 shares during the last quarter. Integrated Wealth Concepts LLC boosted its holdings in JPMorgan BetaBuilders U.S. Equity ETF by 11.4% in the second quarter. Integrated Wealth Concepts LLC now owns 625,345 shares of the company’s stock worth $83,468,000 after acquiring an additional 64,228 shares in the last quarter. Assetmark Inc. boosted its holdings in JPMorgan BetaBuilders U.S. Equity ETF by 2.7% in the first quarter. Assetmark Inc. now owns 570,248 shares of the company’s stock worth $66,822,000 after acquiring an additional 14,870 shares in the last quarter. Cetera Investment Advisers boosted its holdings in JPMorgan BetaBuilders U.S. Equity ETF by 5.5% in the first quarter. Cetera Investment Advisers now owns 530,183 shares of the company’s stock worth $62,126,000 after acquiring an additional 27,406 shares in the last quarter. Finally, Gradient Investments LLC grew its stake in shares of JPMorgan BetaBuilders U.S. Equity ETF by 1.0% during the second quarter. Gradient Investments LLC now owns 148,653 shares of the company’s stock worth $20,027,000 after acquiring an additional 1,415 shares during the last quarter.

JPMorgan BetaBuilders U.S. Equity ETF Stock Performance

Shares of BBUS stock opened at $137.94 on Friday. JPMorgan BetaBuilders U.S. Equity ETF has a fifty-two week low of $113.43 and a fifty-two week high of $141.25. The firm has a market capitalization of $6.18 billion, a price-to-earnings ratio of 25.39 and a beta of 1.02. The stock’s 50-day simple moving average is $138.63 and its 200-day simple moving average is $134.85.

About JPMorgan 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.