JPMorgan Chase & Co. Buys 140,680 Shares of JPMorgan BetaBuilders U.S. Equity ETF $BBUS

JPMorgan Chase & Co. raised its stake in JPMorgan BetaBuilders U.S. Equity ETF (BATS:BBUS) by 3.3% during the 4th quarter, HoldingsChannel reports. The institutional investor owned 4,386,866 shares of the company’s stock after buying an additional 140,680 shares during the period. JPMorgan Chase & Co. owned about 0.10% of JPMorgan BetaBuilders U.S. Equity ETF worth $540,945,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the stock. Royal Bank of Canada increased its stake in shares of JPMorgan BetaBuilders U.S. Equity ETF by 71.6% in the 1st quarter. Royal Bank of Canada now owns 78,192 shares of the company’s stock valued at $7,889,000 after acquiring an additional 32,634 shares during the last quarter. NewEdge Advisors LLC boosted its stake in JPMorgan BetaBuilders U.S. Equity ETF by 462.8% during the 1st quarter. NewEdge Advisors LLC now owns 439 shares of the company’s stock worth $44,000 after acquiring an additional 361 shares during the last quarter. Marshall Wace LLP bought a new position in JPMorgan BetaBuilders U.S. Equity ETF during the 2nd quarter worth approximately $790,000. Raymond James Financial Inc. grew its holdings in JPMorgan BetaBuilders U.S. Equity ETF by 108.3% during the second quarter. Raymond James Financial Inc. now owns 45,168 shares of the company’s stock valued at $5,055,000 after purchasing an additional 23,483 shares during the period. Finally, Jane Street Group LLC acquired a new position in JPMorgan BetaBuilders U.S. Equity ETF during the second quarter valued at approximately $2,070,000.

JPMorgan BetaBuilders U.S. Equity ETF Stock Performance

Shares of BATS:BBUS opened at $130.77 on Thursday. The company has a 50 day moving average price of $129.50 and a two-hundred day moving average price of $125.28. The company has a market capitalization of $5.86 billion, a PE ratio of 25.39 and a beta of 1.02. JPMorgan BetaBuilders U.S. Equity ETF has a 52 week low of $107.50 and a 52 week high of $137.20.

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.