Arkadios Wealth Advisors Makes New Investment in JPMorgan BetaBuilders U.S. Equity ETF $BBUS

Arkadios Wealth Advisors acquired a new stake in JPMorgan BetaBuilders U.S. Equity ETF (BATS:BBUS) in the third quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor acquired 4,899 shares of the company’s stock, valued at approximately $591,000.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the business. Spire Wealth Management raised its position in JPMorgan BetaBuilders U.S. Equity ETF by 9.7% in the third quarter. Spire Wealth Management now owns 1,356 shares of the company’s stock worth $164,000 after purchasing an additional 120 shares in the last quarter. Atria Wealth Solutions Inc. lifted its position in JPMorgan BetaBuilders U.S. Equity ETF by 3.7% during the 2nd quarter. Atria Wealth Solutions Inc. now owns 3,555 shares of the company’s stock worth $398,000 after buying an additional 128 shares in the last quarter. Allworth Financial LP grew its holdings in JPMorgan BetaBuilders U.S. Equity ETF by 20.9% during the 2nd quarter. Allworth Financial LP now owns 822 shares of the company’s stock worth $92,000 after acquiring an additional 142 shares during the last quarter. Golden State Wealth Management LLC increased its position in JPMorgan BetaBuilders U.S. Equity ETF by 6.8% in the 2nd quarter. Golden State Wealth Management LLC now owns 2,321 shares of the company’s stock valued at $260,000 after acquiring an additional 148 shares in the last quarter. Finally, World Investment Advisors lifted its holdings in JPMorgan BetaBuilders U.S. Equity ETF by 4.0% during the 3rd quarter. World Investment Advisors now owns 3,837 shares of the company’s stock worth $463,000 after buying an additional 148 shares in the last quarter.

JPMorgan BetaBuilders U.S. Equity ETF Price Performance

Shares of BATS:BBUS opened at $125.15 on Tuesday. The company has a 50 day moving average of $123.57 and a 200-day moving average of $120.31. The stock has a market cap of $5.61 billion, a price-to-earnings ratio of 25.39 and a beta of 1.02. JPMorgan BetaBuilders U.S. Equity ETF has a one year low of $86.94 and a one year high of $115.07.

About JPMorgan BetaBuilders U.S. Equity ETF

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.