Assetmark Inc. Buys 82,848 Shares of JPMorgan BetaBuilders U.S. Equity ETF $BBUS

Assetmark Inc. grew its position in JPMorgan BetaBuilders U.S. Equity ETF (BATS:BBUS) by 17.8% during the third quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 548,106 shares of the company’s stock after purchasing an additional 82,848 shares during the quarter. Assetmark Inc. owned approximately 1.22% of JPMorgan BetaBuilders U.S. Equity ETF worth $66,134,000 as of its most recent filing with the SEC.

Several other hedge funds have also recently made changes to their positions in the business. Smartleaf Asset Management LLC acquired a new position in shares of JPMorgan BetaBuilders U.S. Equity ETF during the 2nd quarter valued at $32,000. NewEdge Advisors LLC grew its position in JPMorgan BetaBuilders U.S. Equity ETF by 462.8% in the 1st quarter. NewEdge Advisors LLC now owns 439 shares of the company’s stock worth $44,000 after purchasing an additional 361 shares in the last quarter. Blair William & Co. IL grew its holdings in shares of JPMorgan BetaBuilders U.S. Equity ETF by 678.3% in the second quarter. Blair William & Co. IL now owns 467 shares of the company’s stock valued at $52,000 after acquiring an additional 407 shares in the last quarter. Allworth Financial LP increased its position in shares of JPMorgan BetaBuilders U.S. Equity ETF by 20.9% during the second quarter. Allworth Financial LP now owns 822 shares of the company’s stock valued at $92,000 after acquiring an additional 142 shares during the last quarter. Finally, Tripletail Wealth Management LLC bought a new stake in shares of JPMorgan BetaBuilders U.S. Equity ETF during the 3rd quarter worth $135,000.

JPMorgan BetaBuilders U.S. Equity ETF Stock Performance

BBUS stock opened at $122.88 on Friday. The stock has a fifty day moving average of $124.26 and a 200-day moving average of $121.24. JPMorgan BetaBuilders U.S. Equity ETF has a fifty-two week low of $86.94 and a fifty-two week high of $126.08. The company has a market capitalization of $5.51 billion, a price-to-earnings ratio of 25.39 and a beta of 1.02.

JPMorgan BetaBuilders U.S. Equity ETF 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.