JP Morgan BetaBuilders U.S. Equity ETF (BATS:BBUS) Shares Purchased by Massmutual Trust Co. FSB ADV

Massmutual Trust Co. FSB ADV raised its position in shares of JP Morgan BetaBuilders U.S. Equity ETF (BATS:BBUS) by 9.6% in the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 88,659 shares of the company’s stock after buying an additional 7,733 shares during the quarter. Massmutual Trust Co. FSB ADV’s holdings in JP Morgan BetaBuilders U.S. Equity ETF were worth $9,183,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in BBUS. LPL Financial LLC boosted its stake in JP Morgan BetaBuilders U.S. Equity ETF by 5.8% during the second quarter. LPL Financial LLC now owns 1,679,655 shares of the company’s stock worth $164,808,000 after buying an additional 92,079 shares in the last quarter. Janney Montgomery Scott LLC boosted its stake in JP Morgan BetaBuilders U.S. Equity ETF by 31.3% in the first quarter. Janney Montgomery Scott LLC now owns 1,566,681 shares of the company’s stock valued at $147,942,000 after acquiring an additional 373,321 shares during the last quarter. Envestnet Asset Management Inc. grew 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 purchasing an additional 106,181 shares during the period. Cornerstone Wealth Management LLC increased its stake in shares of JP Morgan BetaBuilders U.S. Equity ETF by 6.9% in the 2nd quarter. Cornerstone Wealth Management LLC now owns 648,223 shares of the company’s stock valued at $63,604,000 after acquiring an additional 41,607 shares during the last quarter. Finally, Cambridge Investment Research Advisors Inc. raised its holdings in JP Morgan BetaBuilders U.S. Equity ETF by 14.1% in the second quarter. Cambridge Investment Research Advisors Inc. now owns 366,867 shares of the company’s stock worth $35,997,000 after purchasing an additional 45,331 shares during the period.

JP Morgan BetaBuilders U.S. Equity ETF Price Performance

Shares of JP Morgan BetaBuilders U.S. Equity ETF stock opened at $102.65 on Thursday. The stock has a 50-day simple moving average of $99.86 and a 200-day simple moving average of $97.04. The company has a market capitalization of $3.50 billion, a P/E 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.