Ascent Group LLC Raises Stock Position in JPMorgan BetaBuilders U.S. Equity ETF $BBUS

Ascent Group LLC lifted its stake in JPMorgan BetaBuilders U.S. Equity ETF (BATS:BBUS) by 6.7% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 92,837 shares of the company’s stock after buying an additional 5,798 shares during the period. Ascent Group LLC’s holdings in JPMorgan BetaBuilders U.S. Equity ETF were worth $11,448,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Smartleaf Asset Management LLC purchased a new position in shares of JPMorgan BetaBuilders U.S. Equity ETF during the second quarter worth about $32,000. US Bancorp DE acquired a new position in JPMorgan BetaBuilders U.S. Equity ETF during the third quarter worth approximately $43,000. NewEdge Advisors LLC increased its position in JPMorgan BetaBuilders U.S. Equity ETF by 462.8% during the first quarter. NewEdge Advisors LLC now owns 439 shares of the company’s stock worth $44,000 after buying an additional 361 shares during the period. LGT Financial Advisors LLC boosted its holdings in shares of JPMorgan BetaBuilders U.S. Equity ETF by 13.9% in the third quarter. LGT Financial Advisors LLC now owns 1,010 shares of the company’s stock valued at $122,000 after acquiring an additional 123 shares during the period. Finally, Cary Street Partners Financial LLC purchased a new position in shares of JPMorgan BetaBuilders U.S. Equity ETF during the third quarter worth approximately $133,000.

JPMorgan BetaBuilders U.S. Equity ETF Price Performance

Shares of JPMorgan BetaBuilders U.S. Equity ETF stock opened at $118.20 on Friday. The firm’s fifty day simple moving average is $121.81 and its 200-day simple moving average is $122.31. JPMorgan BetaBuilders U.S. Equity ETF has a 12 month low of $86.94 and a 12 month high of $126.08. The stock has a market capitalization of $5.30 billion, a price-to-earnings ratio of 25.39 and a beta of 1.02.

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.