JP Morgan BetaBuilders U.S. Equity ETF (BATS:BBUS) Position Lessened by Commonwealth Equity Services LLC

Commonwealth Equity Services LLC lowered its position in JP Morgan BetaBuilders U.S. Equity ETF (BATS:BBUS) by 6.3% during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 15,550 shares of the company’s stock after selling 1,040 shares during the quarter. Commonwealth Equity Services LLC’s holdings in JP Morgan BetaBuilders U.S. Equity ETF were worth $1,526,000 at the end of the most recent quarter.

Other hedge funds also recently bought and sold shares of the company. Envestnet Portfolio Solutions Inc. grew its stake in shares of JP Morgan BetaBuilders U.S. Equity ETF by 118.4% in the 4th quarter. Envestnet Portfolio Solutions Inc. now owns 13,864 shares of the company’s stock valued at $1,191,000 after buying an additional 7,516 shares in the last quarter. Gladstone Institutional Advisory LLC bought a new position in shares of JP Morgan BetaBuilders U.S. Equity ETF during the 4th quarter valued at $365,000. Assetmark Inc. lifted its stake in shares of JP Morgan BetaBuilders U.S. Equity ETF by 19.7% in the 4th quarter. Assetmark Inc. now owns 673,909 shares of the company’s stock valued at $57,882,000 after purchasing an additional 110,790 shares during the last quarter. Tidemark LLC bought a new stake in JP Morgan BetaBuilders U.S. Equity ETF in the fourth quarter worth $35,000. Finally, Cambridge Investment Research Advisors Inc. increased its position in JP Morgan BetaBuilders U.S. Equity ETF by 39.2% during the fourth quarter. Cambridge Investment Research Advisors Inc. now owns 264,323 shares of the company’s stock worth $22,703,000 after buying an additional 74,483 shares during the last quarter.

JP Morgan BetaBuilders U.S. Equity ETF Stock Up 0.5 %

Shares of BATS:BBUS opened at $101.38 on Friday. The firm has a market capitalization of $3.46 billion, a PE ratio of 25.65 and a beta of 1.02. The business has a fifty day moving average of $99.18 and a 200-day moving average of $96.10.

About JP Morgan 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.