Janney Montgomery Scott LLC Has $417.05 Million Stock Holdings in JPMorgan BetaBuilders U.S. Equity ETF $BBUS

Janney Montgomery Scott LLC boosted its stake in shares of JPMorgan BetaBuilders U.S. Equity ETF (BATS:BBUS) by 2.8% in the 4th quarter, HoldingsChannel.com reports. The firm owned 3,382,109 shares of the company’s stock after buying an additional 92,418 shares during the quarter. JPMorgan BetaBuilders U.S. Equity ETF accounts for 1.0% of Janney Montgomery Scott LLC’s investment portfolio, making the stock its 13th biggest position. Janney Montgomery Scott LLC owned approximately 0.08% of JPMorgan BetaBuilders U.S. Equity ETF worth $417,048,000 at the end of the most recent quarter.

Several other large investors have also recently bought and sold shares of the stock. Hoey Investments Inc. acquired a new stake in shares of JPMorgan BetaBuilders U.S. Equity ETF in the fourth quarter valued at approximately $25,000. Smartleaf Asset Management LLC acquired a new stake in shares of JPMorgan BetaBuilders U.S. Equity ETF in the second quarter valued at approximately $32,000. US Bancorp DE acquired a new stake in shares of JPMorgan BetaBuilders U.S. Equity ETF in the third quarter valued at approximately $43,000. NewEdge Advisors LLC lifted its position in shares of JPMorgan BetaBuilders U.S. Equity ETF by 462.8% in the first quarter. NewEdge Advisors LLC now owns 439 shares of the company’s stock valued at $44,000 after buying an additional 361 shares during the last quarter. Finally, Hazlett Burt & Watson Inc. acquired a new stake in shares of JPMorgan BetaBuilders U.S. Equity ETF in the fourth quarter valued at approximately $60,000.

JPMorgan BetaBuilders U.S. Equity ETF Stock Down 1.6%

BBUS opened at $130.77 on Thursday. JPMorgan BetaBuilders U.S. Equity ETF has a 12-month low of $107.50 and a 12-month high of $137.20. The stock has a market cap of $5.86 billion, a price-to-earnings ratio of 25.39 and a beta of 1.02. The business has a 50 day moving average of $129.50 and a 200-day moving average of $125.28.

JPMorgan 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.