Ameriprise Financial Inc. Grows Holdings in JP Morgan BetaBuilders U.S. Equity ETF (BATS:BBUS)

Ameriprise Financial Inc. increased its position in JP Morgan BetaBuilders U.S. Equity ETF (BATS:BBUS) by 20.8% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 103,128 shares of the company’s stock after acquiring an additional 17,778 shares during the quarter. Ameriprise Financial Inc. owned about 0.30% of JP Morgan BetaBuilders U.S. Equity ETF worth $10,916,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in BBUS. Jones Financial Companies Lllp purchased a new stake in JP Morgan BetaBuilders U.S. Equity ETF during the 4th quarter valued at approximately $35,000. Adirondack Trust Co. purchased a new stake in JP Morgan BetaBuilders U.S. Equity ETF during the 4th quarter valued at approximately $55,000. Blue Trust Inc. purchased a new stake in JP Morgan BetaBuilders U.S. Equity ETF during the 4th quarter valued at approximately $76,000. LGT Financial Advisors LLC grew its holdings in JP Morgan BetaBuilders U.S. Equity ETF by 23.5% during the 4th quarter. LGT Financial Advisors LLC now owns 845 shares of the company’s stock valued at $90,000 after buying an additional 161 shares in the last quarter. Finally, Ancora Advisors LLC purchased a new stake in JP Morgan BetaBuilders U.S. Equity ETF during the 4th quarter valued at approximately $170,000.

JP Morgan BetaBuilders U.S. Equity ETF Price Performance

Shares of BBUS opened at $107.57 on Tuesday. The company has a 50 day simple moving average of $99.85 and a two-hundred day simple moving average of $104.98. JP Morgan BetaBuilders U.S. Equity ETF has a 1 year low of $86.94 and a 1 year high of $111.04. The firm has a market cap of $4.66 billion, a P/E ratio of 24.65 and a beta of 1.02.

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.