JPMorgan Chase & Co. Buys 779,783 Shares of JP Morgan BetaBuilders U.S. Equity ETF (BATS:BBUS)

JPMorgan Chase & Co. grew its position in JP Morgan BetaBuilders U.S. Equity ETF (BATS:BBUS) by 26.6% during the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 3,708,785 shares of the company’s stock after purchasing an additional 779,783 shares during the quarter. JPMorgan Chase & Co. owned approximately 10.88% of JP Morgan BetaBuilders U.S. Equity ETF worth $384,156,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also modified their holdings of the company. FMR LLC grew its position in JP Morgan BetaBuilders U.S. Equity ETF by 31.7% during the third quarter. FMR LLC now owns 2,654 shares of the company’s stock worth $275,000 after buying an additional 639 shares in the last quarter. Northwestern Mutual Wealth Management Co. raised its stake in shares of JP Morgan BetaBuilders U.S. Equity ETF by 291.3% in the second quarter. Northwestern Mutual Wealth Management Co. now owns 994 shares of the company’s stock valued at $98,000 after purchasing an additional 740 shares in the last quarter. Massmutual Trust Co. FSB ADV lifted its position in JP Morgan BetaBuilders U.S. Equity ETF by 9.6% in the third quarter. Massmutual Trust Co. FSB ADV now owns 88,659 shares of the company’s stock worth $9,183,000 after purchasing an additional 7,733 shares during the period. UMB Bank n.a. bought a new stake in JP Morgan BetaBuilders U.S. Equity ETF in the second quarter valued at $29,000. Finally, Cetera Investment Advisers raised its stake in JP Morgan BetaBuilders U.S. Equity ETF by 20.1% during the second quarter. Cetera Investment Advisers now owns 167,297 shares of the company’s stock worth $16,415,000 after acquiring an additional 28,023 shares in the last quarter.

JP Morgan BetaBuilders U.S. Equity ETF Trading Down 1.1 %

BBUS opened at $107.55 on Monday. The company has a market cap of $3.67 billion, a price-to-earnings ratio of 25.65 and a beta of 1.02. The stock has a fifty day moving average price of $107.41 and a 200-day moving average price of $102.77.

About JP Morgan 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.