IFP Advisors Inc boosted its position in JPMorgan BetaBuilders U.S. Equity ETF (BATS:BBUS – Free Report) by 18.8% during the second quarter, Holdings Channel.com reports. The fund owned 46,288 shares of the company’s stock after acquiring an additional 7,325 shares during the period. IFP Advisors Inc’s holdings in JPMorgan BetaBuilders U.S. Equity ETF were worth $6,218,000 at the end of the most recent quarter.
A number of other hedge funds have also recently modified their holdings of the company. Morgan Stanley raised its stake in shares of JPMorgan BetaBuilders U.S. Equity ETF by 25.5% during the fourth quarter. Morgan Stanley now owns 2,861,481 shares of the company’s stock valued at $352,849,000 after acquiring an additional 580,931 shares during the last quarter. Banco Bilbao Vizcaya Argentaria S.A. bought a new stake in shares of JPMorgan BetaBuilders U.S. Equity ETF in the fourth quarter worth about $34,285,000. Vestmark Advisory Solutions Inc. grew its stake in shares of JPMorgan BetaBuilders U.S. Equity ETF by 13.1% in the fourth quarter. Vestmark Advisory Solutions Inc. now owns 1,708,199 shares of the company’s stock worth $210,638,000 after purchasing an additional 197,476 shares during the last quarter. Allianz Asset Management GmbH purchased a new position in JPMorgan BetaBuilders U.S. Equity ETF during the 2nd quarter valued at about $19,009,000. Finally, JPMorgan Chase & Co. increased its holdings in JPMorgan BetaBuilders U.S. Equity ETF by 3.3% during the 4th quarter. JPMorgan Chase & Co. now owns 4,386,866 shares of the company’s stock valued at $540,945,000 after purchasing an additional 140,680 shares during the period.
JPMorgan BetaBuilders U.S. Equity ETF Price Performance
BBUS opened at $137.59 on Thursday. JPMorgan BetaBuilders U.S. Equity ETF has a one year low of $113.43 and a one year high of $140.70. The business has a 50 day simple moving average of $136.78 and a two-hundred day simple moving average of $130.84. The firm has a market capitalization of $6.16 billion, a price-to-earnings ratio of 25.39 and a beta of 1.02.
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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Want to see what other hedge funds are holding BBUS? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for JPMorgan BetaBuilders U.S. Equity ETF (BATS:BBUS – Free Report).
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