JP Morgan BetaBuilders U.S. Equity ETF (BATS:BBUS) Stake Increased by Lockerman Financial Group Inc.

Lockerman Financial Group Inc. increased its stake in JP Morgan BetaBuilders U.S. Equity ETF (BATS:BBUS) by 41.4% in the 4th quarter, according to its most recent disclosure with the SEC. The institutional investor owned 14,272 shares of the company’s stock after acquiring an additional 4,180 shares during the period. JP Morgan BetaBuilders U.S. Equity ETF comprises approximately 2.8% of Lockerman Financial Group Inc.’s portfolio, making the stock its 7th largest position. Lockerman Financial Group Inc.’s holdings in JP Morgan BetaBuilders U.S. Equity ETF were worth $1,226,000 as of its most recent filing with the SEC.

Other institutional investors have also added to or reduced their stakes in the company. Stonebridge Capital Advisors LLC bought a new position in JP Morgan BetaBuilders U.S. Equity ETF during the third quarter valued at approximately $31,000. FMR LLC boosted its stake in shares of JP Morgan BetaBuilders U.S. Equity ETF by 544.0% in the 3rd quarter. FMR LLC now owns 586 shares of the company’s stock valued at $45,000 after purchasing an additional 495 shares in the last quarter. ICA Group Wealth Management LLC purchased a new stake in shares of JP Morgan BetaBuilders U.S. Equity ETF in the 4th quarter valued at $54,000. Comerica Bank bought a new position in shares of JP Morgan BetaBuilders U.S. Equity ETF during the 3rd quarter valued at $93,000. Finally, UBS Group AG raised its position in JP Morgan BetaBuilders U.S. Equity ETF by 168.0% in the 1st quarter. UBS Group AG now owns 1,694 shares of the company’s stock worth $125,000 after purchasing an additional 1,062 shares during the period.

JP Morgan BetaBuilders U.S. Equity ETF Price Performance

JP Morgan BetaBuilders U.S. Equity ETF stock opened at $94.43 on Friday. The company has a market capitalization of $2.57 billion, a P/E ratio of 18.40 and a beta of 1.02. The stock has a fifty day simple moving average of $91.02 and a two-hundred day simple moving average of $84.47.

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.