JPMorgan BetaBuilders U.S. Equity ETF $BBUS is Vestmark Advisory Solutions Inc.’s 2nd Largest Position

Vestmark Advisory Solutions Inc. decreased its position in shares of JPMorgan BetaBuilders U.S. Equity ETF (BATS:BBUS) by 47.1% during the third quarter, Holdings Channel.com reports. The institutional investor owned 1,510,723 shares of the company’s stock after selling 1,346,095 shares during the quarter. JPMorgan BetaBuilders U.S. Equity ETF makes up approximately 3.5% of Vestmark Advisory Solutions Inc.’s portfolio, making the stock its 2nd biggest position. Vestmark Advisory Solutions Inc.’s holdings in JPMorgan BetaBuilders U.S. Equity ETF were worth $182,284,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds have also recently made changes to their positions in the company. Smartleaf Asset Management LLC purchased a new stake in JPMorgan BetaBuilders U.S. Equity ETF in the second quarter worth about $32,000. NewEdge Advisors LLC raised its holdings in shares of JPMorgan BetaBuilders U.S. Equity ETF by 462.8% in the 1st quarter. NewEdge Advisors LLC now owns 439 shares of the company’s stock valued at $44,000 after purchasing an additional 361 shares in the last quarter. Allworth Financial LP raised its holdings in shares of JPMorgan BetaBuilders U.S. Equity ETF by 20.9% in the 2nd quarter. Allworth Financial LP now owns 822 shares of the company’s stock valued at $92,000 after purchasing an additional 142 shares in the last quarter. Tripletail Wealth Management LLC purchased a new stake in shares of JPMorgan BetaBuilders U.S. Equity ETF in the 3rd quarter worth approximately $135,000. Finally, Spire Wealth Management boosted its stake in shares of JPMorgan BetaBuilders U.S. Equity ETF by 189.5% during the second quarter. Spire Wealth Management now owns 1,236 shares of the company’s stock valued at $138,000 after purchasing an additional 809 shares in the last quarter.

JPMorgan BetaBuilders U.S. Equity ETF Stock Up 0.6%

Shares of BBUS stock opened at $124.19 on Friday. The firm has a market cap of $5.56 billion, a price-to-earnings ratio of 25.39 and a beta of 1.02. JPMorgan BetaBuilders U.S. Equity ETF has a 52-week low of $86.94 and a 52-week high of $126.08. The company’s 50 day moving average is $124.21 and its 200 day moving average is $121.61.

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.