JPMorgan Chase & Co. Raises Holdings in JPMorgan BetaBuilders U.S. Equity ETF $BBUS

JPMorgan Chase & Co. increased its holdings in shares of JPMorgan BetaBuilders U.S. Equity ETF (BATS:BBUS) by 14.0% during the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 4,246,186 shares of the company’s stock after purchasing an additional 521,394 shares during the quarter. JPMorgan Chase & Co. owned 0.09% of JPMorgan BetaBuilders U.S. Equity ETF worth $512,345,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors also recently modified their holdings of BBUS. Assetmark Inc. increased its holdings in JPMorgan BetaBuilders U.S. Equity ETF by 17.8% in the 3rd quarter. Assetmark Inc. now owns 548,106 shares of the company’s stock worth $66,134,000 after buying an additional 82,848 shares in the last quarter. Capital Investment Advisory Services LLC grew its stake in shares of JPMorgan BetaBuilders U.S. Equity ETF by 55.0% in the third quarter. Capital Investment Advisory Services LLC now owns 3,771 shares of the company’s stock worth $455,000 after acquiring an additional 1,338 shares during the period. J.W. Cole Advisors Inc. grew its stake in shares of JPMorgan BetaBuilders U.S. Equity ETF by 7.7% in the third quarter. J.W. Cole Advisors Inc. now owns 9,387 shares of the company’s stock worth $1,133,000 after acquiring an additional 672 shares during the period. Envestnet Asset Management Inc. raised its holdings in shares of JPMorgan BetaBuilders U.S. Equity ETF by 10.2% during the third quarter. Envestnet Asset Management Inc. now owns 1,797,695 shares of the company’s stock valued at $216,910,000 after purchasing an additional 165,852 shares during the last quarter. Finally, Golden State Wealth Management LLC lifted its position in JPMorgan BetaBuilders U.S. Equity ETF by 3,495.2% during the third quarter. Golden State Wealth Management LLC now owns 83,445 shares of the company’s stock valued at $10,069,000 after purchasing an additional 81,124 shares during the period.

JPMorgan BetaBuilders U.S. Equity ETF Trading Up 0.5%

Shares of BBUS stock opened at $123.64 on Thursday. JPMorgan BetaBuilders U.S. Equity ETF has a 12-month low of $86.94 and a 12-month high of $126.08. The stock has a market capitalization of $5.54 billion, a P/E ratio of 25.39 and a beta of 1.02. The firm’s 50 day moving average is $124.22 and its 200 day moving average is $121.47.

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.