Wealth Enhancement Advisory Services LLC Sells 1,354 Shares of JPMorgan BetaBuilders U.S. Equity ETF $BBUS

Wealth Enhancement Advisory Services LLC lessened its holdings in JPMorgan BetaBuilders U.S. Equity ETF (BATS:BBUS) by 17.5% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 6,365 shares of the company’s stock after selling 1,354 shares during the quarter. Wealth Enhancement Advisory Services LLC’s holdings in JPMorgan BetaBuilders U.S. Equity ETF were worth $721,000 at the end of the most recent reporting period.

Other hedge funds also recently modified their holdings of the company. Sequoia Financial Advisors LLC bought a new position in shares of JPMorgan BetaBuilders U.S. Equity ETF in the 1st quarter valued at about $214,000. Golden State Wealth Management LLC boosted its stake in shares of JPMorgan BetaBuilders U.S. Equity ETF by 23.5% in the 1st quarter. Golden State Wealth Management LLC now owns 2,173 shares of the company’s stock valued at $219,000 after purchasing an additional 414 shares during the last quarter. Spire Wealth Management boosted its stake in shares of JPMorgan BetaBuilders U.S. Equity ETF by 98.6% in the 1st quarter. Spire Wealth Management now owns 427 shares of the company’s stock valued at $43,000 after purchasing an additional 212 shares during the last quarter. Townsquare Capital LLC boosted its stake in shares of JPMorgan BetaBuilders U.S. Equity ETF by 103.4% in the 1st quarter. Townsquare Capital LLC now owns 47,543 shares of the company’s stock valued at $4,797,000 after purchasing an additional 24,171 shares during the last quarter. Finally, Empower Advisory Group LLC bought a new position in shares of JPMorgan BetaBuilders U.S. Equity ETF in the 1st quarter valued at about $320,000.

JPMorgan BetaBuilders U.S. Equity ETF Trading Up 15.1%

Shares of BATS BBUS opened at $121.21 on Friday. The firm’s 50-day moving average is $117.45 and its 200-day moving average is $109.25. The firm has a market capitalization of $5.43 billion, a PE ratio of 25.39 and a beta of 1.02. JPMorgan BetaBuilders U.S. Equity ETF has a 1 year low of $86.94 and a 1 year high of $115.07.

JPMorgan 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.