Envestnet Asset Management Inc. Buys 106,181 Shares of JP Morgan BetaBuilders U.S. Equity ETF (BATS:BBUS)

Envestnet Asset Management Inc. raised its stake in JP Morgan BetaBuilders U.S. Equity ETF (BATS:BBUSFree Report) by 13.9% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 868,165 shares of the company’s stock after acquiring an additional 106,181 shares during the quarter. Envestnet Asset Management Inc. owned about 2.55% of JP Morgan BetaBuilders U.S. Equity ETF worth $85,184,000 at the end of the most recent reporting period.

Several other large investors have also recently bought and sold shares of BBUS. UMB Bank n.a. bought a new position in JP Morgan BetaBuilders U.S. Equity ETF in the 2nd quarter valued at about $29,000. Tidemark LLC bought a new position in JP Morgan BetaBuilders U.S. Equity ETF in the 4th quarter valued at about $35,000. LGT Financial Advisors LLC raised its holdings in JP Morgan BetaBuilders U.S. Equity ETF by 62.1% in the 2nd quarter. LGT Financial Advisors LLC now owns 650 shares of the company’s stock valued at $64,000 after acquiring an additional 249 shares during the period. ICA Group Wealth Management LLC bought a new position in JP Morgan BetaBuilders U.S. Equity ETF in the 4th quarter valued at about $102,000. Finally, Ridgewood Investments LLC bought a new position in JP Morgan BetaBuilders U.S. Equity ETF in the 2nd quarter valued at about $113,000.

JP Morgan BetaBuilders U.S. Equity ETF Price Performance

Shares of BBUS opened at $101.60 on Wednesday. The stock’s 50 day simple moving average is $99.23 and its 200 day simple moving average is $96.26. The company has a market capitalization of $3.46 billion, a PE ratio of 25.65 and a beta of 1.02.

JP Morgan BetaBuilders U.S. Equity ETF Profile

(Free Report)

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.

See Also

Institutional Ownership by Quarter for JP Morgan BetaBuilders U.S. Equity ETF (BATS:BBUS)

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