Robertson Stephens Wealth Management LLC grew its position in shares of JP Morgan BetaBuilders U.S. Equity ETF (BATS:BBUS – Free Report) by 35.7% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 267,175 shares of the company’s stock after purchasing an additional 70,314 shares during the quarter. JP Morgan BetaBuilders U.S. Equity ETF makes up 1.0% of Robertson Stephens Wealth Management LLC’s holdings, making the stock its 20th biggest holding. Robertson Stephens Wealth Management LLC owned approximately 0.78% of JP Morgan BetaBuilders U.S. Equity ETF worth $28,299,000 at the end of the most recent reporting period.
A number of other institutional investors have also recently added to or reduced their stakes in the business. Adirondack Trust Co. acquired a new position in JP Morgan BetaBuilders U.S. Equity ETF in the fourth quarter valued at $55,000. Blue Trust Inc. purchased a new stake in shares of JP Morgan BetaBuilders U.S. Equity ETF in the fourth quarter worth approximately $76,000. Northwestern Mutual Wealth Management Co. lifted its stake in JP Morgan BetaBuilders U.S. Equity ETF by 291.3% during the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 994 shares of the company’s stock valued at $98,000 after acquiring an additional 740 shares in the last quarter. Moors & Cabot Inc. bought a new position in shares of JP Morgan BetaBuilders U.S. Equity ETF during the third quarter valued at about $206,000. Finally, Grimes & Company Inc. purchased a new position in shares of JP Morgan BetaBuilders U.S. Equity ETF in the 4th quarter worth approximately $232,000.
JP Morgan BetaBuilders U.S. Equity ETF Stock Up 3.9 %
BATS BBUS opened at $109.48 on Thursday. The company has a market cap of $3.73 billion, a PE ratio of 25.65 and a beta of 1.02. The business’s 50 day simple moving average is $108.27 and its two-hundred day simple moving average is $104.37.
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.
Further Reading
- Five stocks we like better than JP Morgan BetaBuilders U.S. Equity ETF
- What Does a Gap Up Mean in Stocks? How to Play the Gap
- 3 Must-Have ETFs Set to Dominate This Quarter
- What does consumer price index measure?
- Seeking Stability? These 3 Stocks Offer Strong Potential
- There Are Different Types of Stock To Invest In
- Trade War Bargain Stocks: Top 3 Picks Too Good to Pass Up
Want to see what other hedge funds are holding BBUS? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for JP Morgan BetaBuilders U.S. Equity ETF (BATS:BBUS – Free Report).
Receive News & Ratings for JP Morgan BetaBuilders U.S. Equity ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for JP Morgan BetaBuilders U.S. Equity ETF and related companies with MarketBeat.com's FREE daily email newsletter.
