LPL Financial LLC Buys 177,372 Shares of JP Morgan BetaBuilders U.S. Equity ETF (BATS:BBUS)

LPL Financial LLC grew its stake in JP Morgan BetaBuilders U.S. Equity ETF (BATS:BBUS) by 8.0% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 2,393,095 shares of the company’s stock after acquiring an additional 177,372 shares during the period. LPL Financial LLC owned 0.07% of JP Morgan BetaBuilders U.S. Equity ETF worth $253,477,000 at the end of the most recent reporting period.

A number of other hedge funds have also added to or reduced their stakes in the stock. National Mutual Insurance Federation of Agricultural Cooperatives purchased a new stake in shares of JP Morgan BetaBuilders U.S. Equity ETF in the 4th quarter worth approximately $49,041,000. FMR LLC boosted its stake in JP Morgan BetaBuilders U.S. Equity ETF by 31.7% in the third quarter. FMR LLC now owns 2,654 shares of the company’s stock valued at $275,000 after acquiring an additional 639 shares in the last quarter. Wealth Enhancement Advisory Services LLC boosted its stake in JP Morgan BetaBuilders U.S. Equity ETF by 7.4% in the fourth quarter. Wealth Enhancement Advisory Services LLC now owns 9,936 shares of the company’s stock valued at $1,029,000 after acquiring an additional 683 shares in the last quarter. JPMorgan Chase & Co. boosted its stake in JP Morgan BetaBuilders U.S. Equity ETF by 26.6% in the third quarter. JPMorgan Chase & Co. now owns 3,708,785 shares of the company’s stock valued at $384,156,000 after acquiring an additional 779,783 shares in the last quarter. Finally, Blue Trust Inc. acquired a new stake in shares of JP Morgan BetaBuilders U.S. Equity ETF during the fourth quarter worth $76,000.

JP Morgan BetaBuilders U.S. Equity ETF Trading Down 2.9 %

BATS:BBUS opened at $102.27 on Monday. JP Morgan BetaBuilders U.S. Equity ETF has a 12 month low of $89.17 and a 12 month high of $111.04. The firm has a fifty day simple moving average of $106.88 and a 200-day simple moving average of $106.08. The company has a market capitalization of $4.17 billion, a P/E ratio of 24.93 and a beta of 1.04.

JP Morgan 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.