Short Interest in JPMorgan BetaBuilders U.S. Equity ETF (BATS:BBUS) Declines By 63.3%

JPMorgan BetaBuilders U.S. Equity ETF (BATS:BBUS) was the recipient of a large decrease in short interest in May. As of May 15th, there was short interest totaling 14,637 shares, a decrease of 63.3% from the April 30th total of 39,911 shares. Currently, 0.0% of the company’s shares are sold short. Based on an average daily volume of 152,903 shares, the days-to-cover ratio is currently 0.1 days.

Institutional Trading of JPMorgan BetaBuilders U.S. Equity ETF

A number of institutional investors and hedge funds have recently bought and sold shares of BBUS. JPMorgan Chase & Co. boosted its holdings in JPMorgan BetaBuilders U.S. Equity ETF by 3.3% in the 4th quarter. JPMorgan Chase & Co. now owns 4,386,866 shares of the company’s stock worth $540,945,000 after acquiring an additional 140,680 shares during the period. Janney Montgomery Scott LLC boosted its holdings in JPMorgan BetaBuilders U.S. Equity ETF by 2.8% in the 4th quarter. Janney Montgomery Scott LLC now owns 3,382,109 shares of the company’s stock worth $417,048,000 after acquiring an additional 92,418 shares during the period. LPL Financial LLC boosted its holdings in JPMorgan BetaBuilders U.S. Equity ETF by 4.5% in the 4th quarter. LPL Financial LLC now owns 3,102,383 shares of the company’s stock worth $382,555,000 after acquiring an additional 132,407 shares during the period. Morgan Stanley boosted its holdings in JPMorgan BetaBuilders U.S. Equity ETF by 25.5% in the 4th quarter. Morgan Stanley now owns 2,861,481 shares of the company’s stock worth $352,849,000 after acquiring an additional 580,931 shares during the period. Finally, Envestnet Asset Management Inc. boosted its holdings in JPMorgan BetaBuilders U.S. Equity ETF by 10.2% in the 3rd quarter. Envestnet Asset Management Inc. now owns 1,797,695 shares of the company’s stock worth $216,910,000 after acquiring an additional 165,852 shares during the period.

JPMorgan BetaBuilders U.S. Equity ETF Stock Performance

BBUS opened at $136.42 on Friday. The firm has a 50 day moving average price of $126.66 and a 200 day moving average price of $124.51. The company has a market cap of $6.11 billion, a PE ratio of 25.39 and a beta of 1.02. JPMorgan BetaBuilders U.S. Equity ETF has a 1 year low of $105.66 and a 1 year high of $136.66.

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.