Bay Colony Advisory Group Inc d b a Bay Colony Advisors Invests $6.06 Million in JPMorgan BetaBuilders U.S. Equity ETF $BBUS

Bay Colony Advisory Group Inc d b a Bay Colony Advisors acquired a new position in shares of JPMorgan BetaBuilders U.S. Equity ETF (BATS:BBUS) during the 3rd quarter, Holdings Channel.com reports. The firm acquired 50,254 shares of the company’s stock, valued at approximately $6,064,000. JPMorgan BetaBuilders U.S. Equity ETF accounts for 0.7% of Bay Colony Advisory Group Inc d b a Bay Colony Advisors’ holdings, making the stock its 26th largest position.

Other institutional investors and hedge funds have also bought and sold shares of the company. Vestmark Advisory Solutions Inc. increased its stake in shares of JPMorgan BetaBuilders U.S. Equity ETF by 108.0% during the second quarter. Vestmark Advisory Solutions Inc. now owns 2,856,818 shares of the company’s stock valued at $319,735,000 after buying an additional 1,483,677 shares during the period. Robertson Stephens Wealth Management LLC grew its holdings in JPMorgan BetaBuilders U.S. Equity ETF by 60.1% during the 2nd quarter. Robertson Stephens Wealth Management LLC now owns 441,230 shares of the company’s stock worth $49,383,000 after acquiring an additional 165,622 shares in the last quarter. Osaic Holdings Inc. increased its position in JPMorgan BetaBuilders U.S. Equity ETF by 53.3% during the 2nd quarter. Osaic Holdings Inc. now owns 271,521 shares of the company’s stock valued at $29,470,000 after purchasing an additional 94,458 shares during the period. CWM LLC increased its position in JPMorgan BetaBuilders U.S. Equity ETF by 131.7% during the 2nd quarter. CWM LLC now owns 119,721 shares of the company’s stock valued at $13,399,000 after purchasing an additional 68,045 shares during the period. Finally, Bank of America Corp DE raised its holdings in shares of JPMorgan BetaBuilders U.S. Equity ETF by 147.1% in the 2nd quarter. Bank of America Corp DE now owns 107,330 shares of the company’s stock valued at $12,012,000 after purchasing an additional 63,899 shares in the last quarter.

JPMorgan BetaBuilders U.S. Equity ETF Stock Up 19.1%

Shares of BBUS stock opened at $125.49 on Friday. The firm has a market cap of $5.62 billion, a price-to-earnings ratio of 25.39 and a beta of 1.02. JPMorgan BetaBuilders U.S. Equity ETF has a 52-week low of $86.94 and a 52-week high of $115.07. The company’s 50 day moving average is $123.07 and its 200 day moving average is $119.22.

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.