3Chopt Investment Partners LLC Sells 2,260 Shares of JP Morgan BetaBuilders U.S. Equity ETF (BATS:BBUS)

3Chopt Investment Partners LLC trimmed its stake in JP Morgan BetaBuilders U.S. Equity ETF (BATS:BBUS) by 7.3% in the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 28,587 shares of the company’s stock after selling 2,260 shares during the quarter. JP Morgan BetaBuilders U.S. Equity ETF comprises about 0.9% of 3Chopt Investment Partners LLC’s holdings, making the stock its 29th biggest position. 3Chopt Investment Partners LLC owned 0.08% of JP Morgan BetaBuilders U.S. Equity ETF worth $2,805,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors have also recently made changes to their positions in BBUS. Wealth Enhancement Advisory Services LLC lifted its holdings in shares of JP Morgan BetaBuilders U.S. Equity ETF by 2.2% in the 2nd quarter. Wealth Enhancement Advisory Services LLC now owns 9,678 shares of the company’s stock worth $950,000 after purchasing an additional 205 shares in the last quarter. LGT Financial Advisors LLC increased its position in shares of JP Morgan BetaBuilders U.S. Equity ETF by 62.1% during the second quarter. LGT Financial Advisors LLC now owns 650 shares of the company’s stock worth $64,000 after acquiring an additional 249 shares in the last quarter. UMB Bank n.a. acquired a new stake in shares of JP Morgan BetaBuilders U.S. Equity ETF in the 2nd quarter worth about $29,000. Security Financial Services INC. lifted its position in JP Morgan BetaBuilders U.S. Equity ETF by 1.6% in the 1st quarter. Security Financial Services INC. now owns 19,912 shares of the company’s stock valued at $1,880,000 after acquiring an additional 307 shares in the last quarter. Finally, Concourse Financial Group Securities Inc. boosted its stake in JP Morgan BetaBuilders U.S. Equity ETF by 7.3% during the 2nd quarter. Concourse Financial Group Securities Inc. now owns 8,577 shares of the company’s stock valued at $842,000 after purchasing an additional 582 shares during the last quarter.

JP Morgan BetaBuilders U.S. Equity ETF Price Performance

Shares of BBUS opened at $103.58 on Tuesday. The business’s 50 day moving average is $99.61 and its 200 day moving average is $96.85. The company has a market cap of $3.53 billion, a price-to-earnings ratio of 25.65 and a beta of 1.02.

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.