Hopwood Nicholas Hunter Acquires Shares of 130,148 JPMorgan BetaBuilders U.S. Equity ETF $BBUS

Hopwood Nicholas Hunter bought a new stake in shares of JPMorgan BetaBuilders U.S. Equity ETF (BATS:BBUS) during the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund bought 130,148 shares of the company’s stock, valued at approximately $17,534,000. JPMorgan BetaBuilders U.S. Equity ETF makes up 4.8% of Hopwood Nicholas Hunter’s holdings, making the stock its 4th largest position.

A number of other hedge funds and other institutional investors have also recently modified their holdings of the business. JPMorgan Chase & Co. increased its stake in shares of JPMorgan BetaBuilders U.S. Equity ETF by 3.3% in the 4th quarter. JPMorgan Chase & Co. now owns 4,386,866 shares of the company’s stock worth $540,945,000 after acquiring an additional 140,680 shares in the last quarter. Janney Montgomery Scott LLC boosted its stake in JPMorgan BetaBuilders U.S. Equity ETF by 2.8% during the fourth quarter. Janney Montgomery Scott LLC now owns 3,382,109 shares of the company’s stock worth $417,048,000 after acquiring an additional 92,418 shares in the last quarter. LPL Financial LLC grew its holdings in JPMorgan BetaBuilders U.S. Equity ETF by 4.5% in the fourth quarter. LPL Financial LLC now owns 3,102,383 shares of the company’s stock worth $382,555,000 after purchasing an additional 132,407 shares during the period. Morgan Stanley grew its holdings in JPMorgan BetaBuilders U.S. Equity ETF by 25.5% in the fourth quarter. Morgan Stanley now owns 2,861,481 shares of the company’s stock worth $352,849,000 after purchasing an additional 580,931 shares during the period. Finally, Vestmark Advisory Solutions Inc. increased its stake in shares of JPMorgan BetaBuilders U.S. Equity ETF by 13.1% during the fourth quarter. Vestmark Advisory Solutions Inc. now owns 1,708,199 shares of the company’s stock valued at $210,638,000 after purchasing an additional 197,476 shares in the last quarter.

JPMorgan BetaBuilders U.S. Equity ETF Stock Performance

Shares of BATS BBUS opened at $138.98 on Friday. The company has a 50 day simple moving average of $136.54 and a two-hundred day simple moving average of $130.47. JPMorgan BetaBuilders U.S. Equity ETF has a fifty-two week low of $113.43 and a fifty-two week high of $140.70. The company has a market capitalization of $6.23 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.