Sequoia Financial Advisors LLC Has $282,000 Holdings in JPMorgan BetaBuilders U.S. Equity ETF $BBUS

Sequoia Financial Advisors LLC raised its position in JPMorgan BetaBuilders U.S. Equity ETF (BATS:BBUS) by 18.9% during the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 2,522 shares of the company’s stock after buying an additional 401 shares during the period. Sequoia Financial Advisors LLC’s holdings in JPMorgan BetaBuilders U.S. Equity ETF were worth $282,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. JPMorgan Chase & Co. boosted its position in JPMorgan BetaBuilders U.S. Equity ETF by 6.6% in the first quarter. JPMorgan Chase & Co. now owns 4,430,698 shares of the company’s stock valued at $447,013,000 after buying an additional 274,777 shares in the last quarter. LPL Financial LLC boosted its position in JPMorgan BetaBuilders U.S. Equity ETF by 17.3% in the first quarter. LPL Financial LLC now owns 2,806,216 shares of the company’s stock valued at $283,119,000 after buying an additional 413,121 shares in the last quarter. Envestnet Asset Management Inc. lifted its position in shares of JPMorgan BetaBuilders U.S. Equity ETF by 26.1% during the first quarter. Envestnet Asset Management Inc. now owns 1,590,203 shares of the company’s stock worth $160,436,000 after purchasing an additional 329,160 shares in the last quarter. Vestmark Advisory Solutions Inc. lifted its position in shares of JPMorgan BetaBuilders U.S. Equity ETF by 13.6% during the first quarter. Vestmark Advisory Solutions Inc. now owns 1,373,141 shares of the company’s stock worth $138,536,000 after purchasing an additional 163,892 shares in the last quarter. Finally, Jones Financial Companies Lllp lifted its position in shares of JPMorgan BetaBuilders U.S. Equity ETF by 249,051.6% during the first quarter. Jones Financial Companies Lllp now owns 834,658 shares of the company’s stock worth $84,209,000 after purchasing an additional 834,323 shares in the last quarter.

JPMorgan BetaBuilders U.S. Equity ETF Trading Up 14.8%

Shares of BBUS stock opened at $120.90 on Thursday. The firm’s 50 day moving average is $118.97 and its 200-day moving average is $111.12. JPMorgan BetaBuilders U.S. Equity ETF has a 1 year low of $86.94 and a 1 year high of $115.07. The firm has a market capitalization of $5.42 billion, a price-to-earnings ratio of 25.39 and a beta of 1.02.

JPMorgan 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.