Thrivent Financial for Lutherans Buys New Position in JPMorgan BetaBuilders U.S. Equity ETF $BBUS

Thrivent Financial for Lutherans bought a new stake in shares of JPMorgan BetaBuilders U.S. Equity ETF (BATS:BBUS) during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor bought 25,578 shares of the company’s stock, valued at approximately $3,154,000.

Several other hedge funds also recently added to or reduced their stakes in the business. Fingerlakes Wealth Management Inc. increased its position in JPMorgan BetaBuilders U.S. Equity ETF by 5.1% during the 4th quarter. Fingerlakes Wealth Management Inc. now owns 29,527 shares of the company’s stock valued at $3,641,000 after buying an additional 1,427 shares in the last quarter. Ameritas Advisory Services LLC acquired a new position in JPMorgan BetaBuilders U.S. Equity ETF during the 4th quarter valued at about $290,000. World Investment Advisors increased its position in JPMorgan BetaBuilders U.S. Equity ETF by 53.8% during the 4th quarter. World Investment Advisors now owns 5,901 shares of the company’s stock valued at $728,000 after buying an additional 2,064 shares in the last quarter. National Mutual Insurance Federation of Agricultural Cooperatives increased its position in JPMorgan BetaBuilders U.S. Equity ETF by 175.4% during the 4th quarter. National Mutual Insurance Federation of Agricultural Cooperatives now owns 1,275,000 shares of the company’s stock valued at $157,220,000 after buying an additional 812,000 shares in the last quarter. Finally, International Assets Investment Management LLC acquired a new position in shares of JPMorgan BetaBuilders U.S. Equity ETF in the fourth quarter valued at about $159,000.

JPMorgan BetaBuilders U.S. Equity ETF Stock Performance

Shares of BBUS stock opened at $134.38 on Friday. The stock’s 50-day simple moving average is $125.12 and its 200-day simple moving average is $124.05. The firm has a market capitalization of $6.02 billion, a PE ratio of 25.39 and a beta of 1.02. JPMorgan BetaBuilders U.S. Equity ETF has a fifty-two week low of $104.20 and a fifty-two week high of $134.98.

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.