Blue Trust Inc. Takes $76,000 Position in JP Morgan BetaBuilders U.S. Equity ETF (BATS:BBUS)

Blue Trust Inc. purchased a new stake in JP Morgan BetaBuilders U.S. Equity ETF (BATS:BBUS) during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The firm purchased 730 shares of the company’s stock, valued at approximately $76,000.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in BBUS. JPMorgan Chase & Co. grew its position in shares of JP Morgan BetaBuilders U.S. Equity ETF by 26.6% in the third quarter. JPMorgan Chase & Co. now owns 3,708,785 shares of the company’s stock valued at $384,156,000 after purchasing an additional 779,783 shares during the period. LPL Financial LLC lifted its stake in JP Morgan BetaBuilders U.S. Equity ETF by 31.9% in the 3rd quarter. LPL Financial LLC now owns 2,215,723 shares of the company’s stock valued at $229,505,000 after buying an additional 536,068 shares in the last quarter. Janney Montgomery Scott LLC boosted its holdings 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 during the 3rd quarter worth approximately $51,329,000. Finally, Assetmark Inc. raised its holdings in shares of JP Morgan BetaBuilders U.S. Equity ETF by 19.2% during the third quarter. Assetmark Inc. now owns 555,913 shares of the company’s stock valued at $57,581,000 after acquiring an additional 89,669 shares during the last quarter.

JP Morgan BetaBuilders U.S. Equity ETF Stock Performance

BATS BBUS opened at $108.89 on Friday. The stock has a market capitalization of $3.71 billion, a P/E ratio of 25.65 and a beta of 1.02. The firm has a fifty day moving average price of $108.32 and a 200 day moving average price of $104.44.

JP Morgan BetaBuilders U.S. Equity ETF 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.