World Investment Advisors Sells 914 Shares of JPMorgan BetaBuilders U.S. Equity ETF $BBUS

World Investment Advisors lowered its stake in shares of JPMorgan BetaBuilders U.S. Equity ETF (BATS:BBUS) by 19.9% in the second quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 3,689 shares of the company’s stock after selling 914 shares during the quarter. World Investment Advisors’ holdings in JPMorgan BetaBuilders U.S. Equity ETF were worth $413,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Envestnet Asset Management Inc. lifted its stake in shares of JPMorgan BetaBuilders U.S. Equity ETF by 2.6% in the second quarter. Envestnet Asset Management Inc. now owns 1,631,843 shares of the company’s stock worth $182,636,000 after buying an additional 41,640 shares during the last quarter. Fingerlakes Wealth Management Inc. raised its holdings in JPMorgan BetaBuilders U.S. Equity ETF by 11.4% in the 2nd quarter. Fingerlakes Wealth Management Inc. now owns 25,645 shares of the company’s stock worth $2,870,000 after acquiring an additional 2,622 shares during the period. Drive Wealth Management LLC raised its holdings in JPMorgan BetaBuilders U.S. Equity ETF by 18.1% in the 2nd quarter. Drive Wealth Management LLC now owns 132,922 shares of the company’s stock worth $14,877,000 after acquiring an additional 20,375 shares during the period. Mattson Financial Services LLC lifted its position in JPMorgan BetaBuilders U.S. Equity ETF by 36.3% during the 2nd quarter. Mattson Financial Services LLC now owns 24,680 shares of the company’s stock worth $2,762,000 after acquiring an additional 6,571 shares during the last quarter. Finally, WealthPlan Investment Management LLC bought a new stake in JPMorgan BetaBuilders U.S. Equity ETF during the second quarter valued at about $3,869,000.

JPMorgan BetaBuilders U.S. Equity ETF Stock Performance

Shares of BATS:BBUS opened at $123.76 on Tuesday. The stock’s 50-day moving average is $120.15 and its 200-day moving average is $113.08. The company has a market cap of $5.54 billion, a P/E ratio of 25.39 and a beta of 1.02. JPMorgan BetaBuilders U.S. Equity ETF has a 52-week low of $86.94 and a 52-week high of $115.07.

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.