Mariner LLC Buys New Holdings in JP Morgan BetaBuilders U.S. Equity ETF (BATS:BBUS)

Mariner LLC purchased a new position in shares of JP Morgan BetaBuilders U.S. Equity ETF (BATS:BBUS) in the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor purchased 2,103 shares of the company’s stock, valued at approximately $223,000.

Several other hedge funds and other institutional investors have also modified their holdings of BBUS. JPMorgan Chase & Co. grew its stake in JP Morgan BetaBuilders U.S. Equity ETF by 12.1% during the fourth quarter. JPMorgan Chase & Co. now owns 4,155,921 shares of the company’s stock worth $440,195,000 after buying an additional 447,136 shares during the period. LPL Financial LLC lifted its stake in shares of JP Morgan BetaBuilders U.S. Equity ETF by 8.0% during the fourth quarter. LPL Financial LLC now owns 2,393,095 shares of the company’s stock worth $253,477,000 after purchasing an additional 177,372 shares in the last quarter. Envestnet Asset Management Inc. boosted its position in shares of JP Morgan BetaBuilders U.S. Equity ETF by 8.0% in the fourth quarter. Envestnet Asset Management Inc. now owns 1,261,043 shares of the company’s stock worth $133,570,000 after buying an additional 93,154 shares during the period. Vestmark Advisory Solutions Inc. grew its stake in shares of JP Morgan BetaBuilders U.S. Equity ETF by 9.7% in the fourth quarter. Vestmark Advisory Solutions Inc. now owns 1,209,249 shares of the company’s stock valued at $128,084,000 after buying an additional 106,931 shares in the last quarter. Finally, Cornerstone Wealth Management LLC raised its holdings in shares of JP Morgan BetaBuilders U.S. Equity ETF by 4.2% during the 4th quarter. Cornerstone Wealth Management LLC now owns 705,569 shares of the company’s stock valued at $74,734,000 after buying an additional 28,118 shares during the period.

JP Morgan BetaBuilders U.S. Equity ETF Stock Down 3.9 %

Shares of BATS:BBUS opened at $101.27 on Wednesday. The company has a market capitalization of $4.34 billion, a price-to-earnings ratio of 22.84 and a beta of 1.03. The company has a 50 day moving average of $99.58 and a two-hundred day moving average of $104.97. JP Morgan BetaBuilders U.S. Equity ETF has a 52-week low of $86.94 and a 52-week high of $111.04.

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.