Lockerman Financial Group Inc. Has $2.34 Million Stock Holdings in JP Morgan BetaBuilders U.S. Equity ETF (BATS:BBUS)

Lockerman Financial Group Inc. increased its stake in JP Morgan BetaBuilders U.S. Equity ETF (BATS:BBUS) by 36.1% during the 3rd quarter, HoldingsChannel reports. The institutional investor owned 22,591 shares of the company’s stock after acquiring an additional 5,989 shares during the quarter. JP Morgan BetaBuilders U.S. Equity ETF comprises 4.0% of Lockerman Financial Group Inc.’s holdings, making the stock its 3rd largest position. Lockerman Financial Group Inc.’s holdings in JP Morgan BetaBuilders U.S. Equity ETF were worth $2,340,000 as of its most recent SEC filing.

Several other institutional investors also recently added to or reduced their stakes in the stock. Wealth Enhancement Advisory Services LLC increased its stake in JP Morgan BetaBuilders U.S. Equity ETF by 2.2% in the 2nd quarter. Wealth Enhancement Advisory Services LLC now owns 9,678 shares of the company’s stock worth $950,000 after buying an additional 205 shares during the period. LGT Financial Advisors LLC increased its position in JP Morgan BetaBuilders U.S. Equity ETF by 62.1% during the 2nd quarter. LGT Financial Advisors LLC now owns 650 shares of the company’s stock valued at $64,000 after purchasing an additional 249 shares during the period. UMB Bank n.a. purchased a new position in JP Morgan BetaBuilders U.S. Equity ETF during the 2nd quarter valued at about $29,000. Security Financial Services INC. increased its position in JP Morgan BetaBuilders U.S. Equity ETF by 1.6% during the 1st quarter. Security Financial Services INC. now owns 19,912 shares of the company’s stock valued at $1,880,000 after purchasing an additional 307 shares during the period. Finally, Concourse Financial Group Securities Inc. increased its position in JP Morgan BetaBuilders U.S. Equity ETF by 7.3% during the 2nd quarter. Concourse Financial Group Securities Inc. now owns 8,577 shares of the company’s stock valued at $842,000 after purchasing an additional 582 shares during the period.

JP Morgan BetaBuilders U.S. Equity ETF Stock Performance

BATS BBUS traded down $0.85 during trading on Tuesday, reaching $104.67. 65,962 shares of the company’s stock traded hands. The stock has a market cap of $3.57 billion, a price-to-earnings ratio of 25.65 and a beta of 1.02. The company has a 50-day simple moving average of $100.90 and a 200 day simple moving average of $97.62.

JP Morgan 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.