IFG Advisory LLC Cuts Stock Holdings in JP Morgan BetaBuilders U.S. Equity ETF (BATS:BBUS)

IFG Advisory LLC lowered its holdings in JP Morgan BetaBuilders U.S. Equity ETF (BATS:BBUS) by 25.7% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 105,581 shares of the company’s stock after selling 36,597 shares during the period. JP Morgan BetaBuilders U.S. Equity ETF comprises 0.7% of IFG Advisory LLC’s holdings, making the stock its 24th largest position. IFG Advisory LLC’s holdings in JP Morgan BetaBuilders U.S. Equity ETF were worth $9,068,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also bought and sold shares of the business. JPMorgan Chase & Co. raised its holdings in JP Morgan BetaBuilders U.S. Equity ETF by 1.2% during the 3rd quarter. JPMorgan Chase & Co. now owns 8,463,596 shares of the company’s stock valued at $652,375,000 after acquiring an additional 100,163 shares during the period. LPL Financial LLC lifted its holdings in shares of JP Morgan BetaBuilders U.S. Equity ETF by 19.4% in the third quarter. LPL Financial LLC now owns 924,666 shares of the company’s stock worth $71,273,000 after buying an additional 149,967 shares in the last quarter. Janney Montgomery Scott LLC lifted its holdings in shares of JP Morgan BetaBuilders U.S. Equity ETF by 37.8% in the third quarter. Janney Montgomery Scott LLC now owns 826,858 shares of the company’s stock worth $63,734,000 after buying an additional 226,708 shares in the last quarter. Morgan Stanley boosted its position in shares of JP Morgan BetaBuilders U.S. Equity ETF by 18.3% in the third quarter. Morgan Stanley now owns 686,911 shares of the company’s stock valued at $52,947,000 after acquiring an additional 106,106 shares during the period. Finally, Cornerstone Wealth Management LLC grew its stake in JP Morgan BetaBuilders U.S. Equity ETF by 8.4% during the fourth quarter. Cornerstone Wealth Management LLC now owns 625,885 shares of the company’s stock valued at $53,757,000 after acquiring an additional 48,757 shares in the last quarter.

JP Morgan BetaBuilders U.S. Equity ETF Stock Up 0.8 %

JP Morgan BetaBuilders U.S. Equity ETF stock opened at $94.43 on Thursday. The company has a market cap of $2.57 billion, a price-to-earnings ratio of 18.40 and a beta of 1.02. The business’s fifty day moving average price is $90.85 and its 200 day moving average price is $84.40.

JP Morgan 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.