Archford Capital Strategies LLC Cuts Position in JPMorgan BetaBuilders U.S. Equity ETF $BBUS

Archford Capital Strategies LLC lessened its position in JPMorgan BetaBuilders U.S. Equity ETF (BATS:BBUS) by 27.0% during the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 62,679 shares of the company’s stock after selling 23,149 shares during the quarter. JPMorgan BetaBuilders U.S. Equity ETF accounts for approximately 0.9% of Archford Capital Strategies LLC’s portfolio, making the stock its 28th largest holding. Archford Capital Strategies LLC’s holdings in JPMorgan BetaBuilders U.S. Equity ETF were worth $7,015,000 at the end of the most recent reporting period.

Other large investors have also added to or reduced their stakes in the company. Family Legacy Financial Solutions LLC purchased a new position in shares of JPMorgan BetaBuilders U.S. Equity ETF in the 2nd quarter worth about $27,000. Spire Wealth Management lifted its position in JPMorgan BetaBuilders U.S. Equity ETF by 98.6% in the 1st quarter. Spire Wealth Management now owns 427 shares of the company’s stock worth $43,000 after buying an additional 212 shares during the last quarter. NewEdge Advisors LLC boosted its stake in JPMorgan BetaBuilders U.S. Equity ETF by 462.8% in the first quarter. NewEdge Advisors LLC now owns 439 shares of the company’s stock worth $44,000 after buying an additional 361 shares in the last quarter. N.E.W. Advisory Services LLC bought a new position in JPMorgan BetaBuilders U.S. Equity ETF during the first quarter valued at approximately $61,000. Finally, Rossby Financial LCC purchased a new position in shares of JPMorgan BetaBuilders U.S. Equity ETF during the first quarter worth approximately $62,000.

JPMorgan BetaBuilders U.S. Equity ETF Stock Performance

Shares of JPMorgan BetaBuilders U.S. Equity ETF stock opened at $119.99 on Monday. JPMorgan BetaBuilders U.S. Equity ETF has a 52-week low of $86.94 and a 52-week high of $115.07. The stock has a market capitalization of $5.38 billion, a price-to-earnings ratio of 25.39 and a beta of 1.02. The company has a fifty day moving average of $116.82 and a 200-day moving average of $108.67.

About JPMorgan 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.