Assetmark Inc. Has $68.48 Million Position in JPMorgan BetaBuilders U.S. Equity ETF $BBUS

Assetmark Inc. grew its stake in JPMorgan BetaBuilders U.S. Equity ETF (BATS:BBUS) by 1.3% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 555,378 shares of the company’s stock after purchasing an additional 7,272 shares during the period. Assetmark Inc. owned about 1.24% of JPMorgan BetaBuilders U.S. Equity ETF worth $68,484,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds also recently made changes to their positions in the stock. JPMorgan Chase & Co. raised its holdings 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 valued at $512,345,000 after buying an additional 521,394 shares during the last quarter. Integrated Wealth Concepts LLC raised its holdings 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 buying an additional 414,580 shares during the last quarter. Janney Montgomery Scott LLC raised its holdings in JPMorgan BetaBuilders U.S. Equity ETF by 5.4% in the 3rd quarter. Janney Montgomery Scott LLC now owns 3,289,691 shares of the company’s stock valued at $396,934,000 after buying an additional 169,203 shares during the last quarter. Envestnet Asset Management Inc. raised its holdings in JPMorgan BetaBuilders U.S. Equity ETF by 10.2% in the 3rd quarter. Envestnet Asset Management Inc. now owns 1,797,695 shares of the company’s stock valued at $216,910,000 after buying an additional 165,852 shares during the last quarter. Finally, Osaic Holdings Inc. raised its holdings in JPMorgan BetaBuilders U.S. Equity ETF by 53.3% in the 2nd quarter. Osaic Holdings Inc. now owns 271,521 shares of the company’s stock valued at $29,470,000 after buying an additional 94,458 shares during the last quarter.

JPMorgan BetaBuilders U.S. Equity ETF Price Performance

Shares of BATS BBUS opened at $123.60 on Tuesday. The company has a 50 day simple moving average of $121.32 and a 200 day simple moving average of $122.37. The firm has a market cap of $5.54 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 $91.87 and a 1 year high of $126.08.

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.