JP Morgan BetaBuilders U.S. Equity ETF (BATS:BBUS) Shares Purchased by Park Avenue Securities LLC

Park Avenue Securities LLC grew its holdings in shares of JP Morgan BetaBuilders U.S. Equity ETF (BATS:BBUS) by 31.0% in the third quarter, HoldingsChannel reports. The fund owned 139,196 shares of the company’s stock after buying an additional 32,978 shares during the period. Park Avenue Securities LLC’s holdings in JP Morgan BetaBuilders U.S. Equity ETF were worth $14,418,000 as of its most recent filing with the SEC.

A number of other institutional investors also recently added to or reduced their stakes in the business. LPL Financial LLC boosted its position in JP Morgan BetaBuilders U.S. Equity ETF by 5.8% during the 2nd quarter. LPL Financial LLC now owns 1,679,655 shares of the company’s stock worth $164,808,000 after acquiring an additional 92,079 shares during the period. Janney Montgomery Scott LLC boosted its position in JP Morgan BetaBuilders U.S. Equity ETF by 31.3% during the 1st quarter. Janney Montgomery Scott LLC now owns 1,566,681 shares of the company’s stock worth $147,942,000 after acquiring an additional 373,321 shares during the period. Envestnet Asset Management Inc. boosted its position in JP Morgan BetaBuilders U.S. Equity ETF by 13.9% during the 2nd 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 during the period. Cornerstone Wealth Management LLC boosted its position in JP Morgan BetaBuilders U.S. Equity ETF by 6.9% during the 2nd quarter. Cornerstone Wealth Management LLC now owns 648,223 shares of the company’s stock worth $63,604,000 after acquiring an additional 41,607 shares during the period. Finally, Cambridge Investment Research Advisors Inc. raised its stake in shares of JP Morgan BetaBuilders U.S. Equity ETF by 14.1% in the 2nd quarter. Cambridge Investment Research Advisors Inc. now owns 366,867 shares of the company’s stock worth $35,997,000 after buying an additional 45,331 shares in the last quarter.

JP Morgan BetaBuilders U.S. Equity ETF Stock Down 0.1 %

BBUS opened at $102.50 on Friday. The stock has a 50 day moving average price of $99.96 and a two-hundred day moving average price of $97.08. The company has a market cap of $3.50 billion, a P/E 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.