Fmr LLC Boosts Stake in JP Morgan BetaBuilders U.S. Equity ETF (BATS:BBUS)

Fmr LLC increased its stake in JP Morgan BetaBuilders U.S. Equity ETF (BATS:BBUS) by 31.7% in the 3rd quarter, according to its most recent disclosure with the SEC. The institutional investor owned 2,654 shares of the company’s stock after acquiring an additional 639 shares during the period. Fmr LLC’s holdings in JP Morgan BetaBuilders U.S. Equity ETF were worth $275,000 as of its most recent SEC filing.

A number of other institutional investors have also added to or reduced their stakes in the company. LPL Financial LLC lifted its stake in JP Morgan BetaBuilders U.S. Equity ETF by 31.9% during the third quarter. LPL Financial LLC now owns 2,215,723 shares of the company’s stock worth $229,505,000 after purchasing an additional 536,068 shares during the last quarter. Janney Montgomery Scott LLC lifted its position in JP Morgan BetaBuilders U.S. Equity ETF by 26.8% in the 3rd quarter. Janney Montgomery Scott LLC now owns 2,523,154 shares of the company’s stock worth $261,348,000 after buying an additional 533,266 shares during the last quarter. Kowal Investment Group LLC purchased a new stake in JP Morgan BetaBuilders U.S. Equity ETF in the third quarter worth approximately $51,329,000. Strategic Financial Concepts LLC grew its position in JP Morgan BetaBuilders U.S. Equity ETF by 2,740.4% during the second quarter. Strategic Financial Concepts LLC now owns 256,235 shares of the company’s stock valued at $251,000 after acquiring an additional 247,214 shares during the last quarter. Finally, Envestnet Asset Management Inc. raised its stake in shares of JP Morgan BetaBuilders U.S. Equity ETF by 13.9% during the second quarter. Envestnet Asset Management Inc. now owns 868,165 shares of the company’s stock worth $85,184,000 after acquiring an additional 106,181 shares in the last quarter.

JP Morgan BetaBuilders U.S. Equity ETF Trading Up 1.1 %

Shares of BBUS opened at $107.29 on Friday. The business has a fifty day simple moving average of $107.10 and a 200 day simple moving average of $102.27. The company has a market cap of $3.66 billion, a price-to-earnings ratio of 25.65 and a beta of 1.02.

JP Morgan BetaBuilders U.S. Equity ETF Company Profile

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.