JPMorgan BetaBuilders U.S. Equity ETF (BATS:BBUS) Short Interest Update

JPMorgan BetaBuilders U.S. Equity ETF (BATS:BBUS) was the target of a large growth in short interest in May. As of May 29th, there was short interest totaling 472,859 shares, a growth of 3,130.6% from the May 14th total of 14,637 shares. Approximately 1.1% of the company’s stock are short sold. Based on an average trading volume of 437,303 shares, the days-to-cover ratio is currently 1.1 days.

JPMorgan BetaBuilders U.S. Equity ETF Price Performance

BATS BBUS traded down $0.45 during midday trading on Tuesday, hitting $132.95. 355,247 shares of the company traded hands, compared to its average volume of 270,364. The company has a market cap of $5.96 billion, a PE ratio of 25.39 and a beta of 1.02. The company’s 50-day simple moving average is $129.16 and its 200-day simple moving average is $125.19. JPMorgan BetaBuilders U.S. Equity ETF has a 52 week low of $107.50 and a 52 week high of $137.20.

Institutional Trading of JPMorgan BetaBuilders U.S. Equity ETF

A number of institutional investors have recently made changes to their positions in the business. Arkadios Wealth Advisors boosted its position in shares of JPMorgan BetaBuilders U.S. Equity ETF by 255.2% in the 1st quarter. Arkadios Wealth Advisors now owns 14,999 shares of the company’s stock worth $1,758,000 after purchasing an additional 10,776 shares in the last quarter. Royal Bank of Canada boosted its position in shares of JPMorgan BetaBuilders U.S. Equity ETF by 16.8% in the 1st quarter. Royal Bank of Canada now owns 81,268 shares of the company’s stock worth $9,524,000 after purchasing an additional 11,662 shares in the last quarter. Gateway Wealth Partners LLC boosted its position in shares of JPMorgan BetaBuilders U.S. Equity ETF by 140.6% in the 1st quarter. Gateway Wealth Partners LLC now owns 44,536 shares of the company’s stock worth $5,219,000 after purchasing an additional 26,022 shares in the last quarter. Ascension Capital Advisors Inc. acquired a new stake in shares of JPMorgan BetaBuilders U.S. Equity ETF in the 1st quarter worth $723,000. Finally, Cetera Investment Advisers boosted its position in shares of JPMorgan BetaBuilders U.S. Equity ETF by 5.5% in the 1st quarter. Cetera Investment Advisers now owns 530,183 shares of the company’s stock worth $62,126,000 after purchasing an additional 27,406 shares in the last quarter.

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.