Ascent Group LLC Grows Stake in JPMorgan BetaBuilders U.S. Equity ETF $BBUS

Ascent Group LLC lifted its stake in JPMorgan BetaBuilders U.S. Equity ETF (BATS:BBUS) by 6.7% in the fourth quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 92,837 shares of the company’s stock after purchasing an additional 5,798 shares during the quarter. Ascent Group LLC owned about 0.21% of JPMorgan BetaBuilders U.S. Equity ETF worth $11,448,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. JPMorgan Chase & Co. raised its position in JPMorgan BetaBuilders U.S. Equity ETF by 14.0% in the 3rd quarter. JPMorgan Chase & Co. now owns 4,246,186 shares of the company’s stock worth $512,345,000 after purchasing an additional 521,394 shares during the period. Janney Montgomery Scott LLC lifted its stake in shares of JPMorgan BetaBuilders U.S. Equity ETF by 5.4% during the 3rd quarter. Janney Montgomery Scott LLC now owns 3,289,691 shares of the company’s stock worth $396,934,000 after acquiring an additional 169,203 shares during the last quarter. Envestnet Asset Management Inc. boosted its holdings in JPMorgan BetaBuilders U.S. Equity ETF by 10.2% during the 3rd quarter. Envestnet Asset Management Inc. now owns 1,797,695 shares of the company’s stock valued at $216,910,000 after acquiring an additional 165,852 shares during the period. Assetmark Inc. grew its position in JPMorgan BetaBuilders U.S. Equity ETF by 17.8% in the 3rd quarter. Assetmark Inc. now owns 548,106 shares of the company’s stock valued at $66,134,000 after acquiring an additional 82,848 shares during the last quarter. Finally, Integrated Wealth Concepts LLC grew its position in JPMorgan BetaBuilders U.S. Equity ETF by 414.9% in the 3rd quarter. Integrated Wealth Concepts LLC now owns 514,497 shares of the company’s stock valued at $62,079,000 after acquiring an additional 414,580 shares during the last quarter.

JPMorgan BetaBuilders U.S. Equity ETF Stock Performance

Shares of BBUS opened at $118.20 on Friday. The firm has a market capitalization of $5.30 billion, a P/E ratio of 25.39 and a beta of 1.02. JPMorgan BetaBuilders U.S. Equity ETF has a 12-month low of $86.94 and a 12-month high of $126.08. The firm has a fifty day moving average price of $121.81 and a 200-day moving average price of $122.31.

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.