Ascentis Independent Advisors Makes New Investment in JPMorgan BetaBuilders U.S. Equity ETF $BBUS

Ascentis Independent Advisors bought a new position in JPMorgan BetaBuilders U.S. Equity ETF (BATS:BBUS) in the 1st quarter, HoldingsChannel.com reports. The institutional investor bought 40,975 shares of the company’s stock, valued at approximately $4,801,000.

Other large investors have also recently modified their holdings of the company. Flagstar Advisors Inc. increased its position in shares of JPMorgan BetaBuilders U.S. Equity ETF by 3.9% during the fourth quarter. Flagstar Advisors Inc. now owns 2,404 shares of the company’s stock valued at $296,000 after buying an additional 90 shares during the period. Betterment LLC boosted its holdings in shares of JPMorgan BetaBuilders U.S. Equity ETF by 7.1% during the 4th quarter. Betterment LLC now owns 1,806 shares of the company’s stock valued at $223,000 after buying an additional 120 shares in the last quarter. LGT Financial Advisors LLC boosted its holdings in shares of JPMorgan BetaBuilders U.S. Equity ETF by 13.9% during the 3rd quarter. LGT Financial Advisors LLC now owns 1,010 shares of the company’s stock valued at $122,000 after buying an additional 123 shares in the last quarter. Absolute Capital Management LLC grew its position in shares of JPMorgan BetaBuilders U.S. Equity ETF by 4.8% in the 4th quarter. Absolute Capital Management LLC now owns 2,731 shares of the company’s stock worth $337,000 after buying an additional 124 shares during the period. Finally, Sutton Place Investors LLC grew its position in shares of JPMorgan BetaBuilders U.S. Equity ETF by 0.7% in the 4th quarter. Sutton Place Investors LLC now owns 19,921 shares of the company’s stock worth $2,456,000 after buying an additional 138 shares during the period.

JPMorgan BetaBuilders U.S. Equity ETF Price Performance

Shares of JPMorgan BetaBuilders U.S. Equity ETF stock opened at $134.32 on Monday. The company has a 50-day moving average of $133.26 and a 200 day moving average of $126.57. JPMorgan BetaBuilders U.S. Equity ETF has a 1 year low of $111.92 and a 1 year high of $137.20. The firm has a market cap of $6.02 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.