Northwestern Mutual Wealth Management Co. Purchases 740 Shares of JP Morgan BetaBuilders U.S. Equity ETF (BATS:BBUS)

Northwestern Mutual Wealth Management Co. raised its holdings in shares of JP Morgan BetaBuilders U.S. Equity ETF (BATS:BBUS) by 291.3% in the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 994 shares of the company’s stock after buying an additional 740 shares during the period. Northwestern Mutual Wealth Management Co.’s holdings in JP Morgan BetaBuilders U.S. Equity ETF were worth $98,000 at the end of the most recent reporting period.

Other hedge funds have also recently modified their holdings of the company. Wealth Enhancement Advisory Services LLC grew its position in 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 valued at $950,000 after acquiring an additional 205 shares during the last quarter. LGT Financial Advisors LLC boosted its stake 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 valued at $64,000 after purchasing an additional 249 shares during the period. UMB Bank n.a. bought a new position in shares of JP Morgan BetaBuilders U.S. Equity ETF in the second quarter worth about $29,000. Security Financial Services INC. increased its stake 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 worth $1,880,000 after buying an additional 307 shares during the period. Finally, Concourse Financial Group Securities Inc. lifted its holdings 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 buying an additional 582 shares in the last quarter.

JP Morgan BetaBuilders U.S. Equity ETF Stock Performance

JP Morgan BetaBuilders U.S. Equity ETF stock opened at $104.69 on Friday. The stock has a market cap of $3.57 billion, a PE ratio of 25.65 and a beta of 1.02. The firm has a 50-day moving average of $100.48 and a 200-day moving average of $97.42.

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.