MLG Wealth Management DBA Pine Grove Financial Group boosted its position in shares of JPMorgan BetaBuilders U.S. Equity ETF (BATS:BBUS – Free Report) by 16.2% during the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 115,976 shares of the company’s stock after acquiring an additional 16,141 shares during the period. JPMorgan BetaBuilders U.S. Equity ETF accounts for about 1.5% of MLG Wealth Management DBA Pine Grove Financial Group’s investment portfolio, making the stock its 19th largest position. MLG Wealth Management DBA Pine Grove Financial Group owned about 0.26% of JPMorgan BetaBuilders U.S. Equity ETF worth $14,898,000 at the end of the most recent reporting period.
Other large investors have also added to or reduced their stakes in the company. Betterment LLC increased its stake in shares of JPMorgan BetaBuilders U.S. Equity ETF by 7.1% in the fourth quarter. Betterment LLC now owns 1,806 shares of the company’s stock worth $223,000 after purchasing an additional 120 shares in the last quarter. LGT Financial Advisors LLC lifted its stake in shares of JPMorgan BetaBuilders U.S. Equity ETF by 13.9% during the 3rd quarter. LGT Financial Advisors LLC now owns 1,010 shares of the company’s stock valued at $122,000 after buying an additional 123 shares in the last quarter. Absolute Capital Management LLC boosted its holdings in JPMorgan BetaBuilders U.S. Equity ETF by 4.8% in the 4th quarter. Absolute Capital Management LLC now owns 2,731 shares of the company’s stock worth $337,000 after buying an additional 124 shares during the period. Semus Wealth Partners LLC boosted its holdings in JPMorgan BetaBuilders U.S. Equity ETF by 3.2% in the 1st quarter. Semus Wealth Partners LLC now owns 5,601 shares of the company’s stock worth $656,000 after buying an additional 173 shares during the period. Finally, Brown Financial Advisors increased its stake in JPMorgan BetaBuilders U.S. Equity ETF by 6.0% in the 2nd quarter. Brown Financial Advisors now owns 4,046 shares of the company’s stock worth $545,000 after buying an additional 228 shares in the last quarter.
JPMorgan BetaBuilders U.S. Equity ETF Price Performance
BATS:BBUS opened at $138.98 on Tuesday. The business’s 50-day simple moving average is $136.65 and its two-hundred day simple moving average is $130.64. The stock has a market cap of $6.23 billion, a PE ratio of 25.39 and a beta of 1.02. JPMorgan BetaBuilders U.S. Equity ETF has a 52 week low of $113.43 and a 52 week high of $140.70.
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.
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