5T Wealth LLC Increases Stock Holdings in JPMorgan BetaBuilders U.S. Equity ETF $BBUS

5T Wealth LLC increased its holdings in shares of JPMorgan BetaBuilders U.S. Equity ETF (BATS:BBUS) by 12.0% during the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 100,779 shares of the company’s stock after purchasing an additional 10,777 shares during the quarter. JPMorgan BetaBuilders U.S. Equity ETF accounts for 5.4% of 5T Wealth LLC’s portfolio, making the stock its 3rd biggest holding. 5T Wealth LLC’s holdings in JPMorgan BetaBuilders U.S. Equity ETF were worth $11,279,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently modified their holdings of the business. JPMorgan Chase & Co. lifted its holdings in shares of JPMorgan BetaBuilders U.S. Equity ETF by 6.6% during the first quarter. JPMorgan Chase & Co. now owns 4,430,698 shares of the company’s stock valued at $447,013,000 after purchasing an additional 274,777 shares in the last quarter. LPL Financial LLC lifted its holdings in shares of JPMorgan BetaBuilders U.S. Equity ETF by 17.3% during the first quarter. LPL Financial LLC now owns 2,806,216 shares of the company’s stock valued at $283,119,000 after purchasing an additional 413,121 shares in the last quarter. Envestnet Asset Management Inc. lifted its holdings in shares of JPMorgan BetaBuilders U.S. Equity ETF by 2.6% during the second quarter. Envestnet Asset Management Inc. now owns 1,631,843 shares of the company’s stock valued at $182,636,000 after purchasing an additional 41,640 shares in the last quarter. Vestmark Advisory Solutions Inc. lifted its holdings in shares of JPMorgan BetaBuilders U.S. Equity ETF by 13.6% during the first quarter. Vestmark Advisory Solutions Inc. now owns 1,373,141 shares of the company’s stock valued at $138,536,000 after purchasing an additional 163,892 shares in the last quarter. Finally, Jones Financial Companies Lllp lifted its holdings in shares of JPMorgan BetaBuilders U.S. Equity ETF by 249,051.6% during the first quarter. Jones Financial Companies Lllp now owns 834,658 shares of the company’s stock valued at $84,209,000 after purchasing an additional 834,323 shares in the last quarter.

JPMorgan BetaBuilders U.S. Equity ETF Price Performance

Shares of BATS:BBUS opened at $123.68 on Friday. JPMorgan BetaBuilders U.S. Equity ETF has a 1 year low of $86.94 and a 1 year high of $115.07. The stock’s fifty day moving average price is $120.00 and its 200-day moving average price is $112.76. The company has a market cap of $5.54 billion, a P/E ratio of 25.39 and a beta of 1.02.

JPMorgan BetaBuilders U.S. Equity ETF 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.