Assetmark Inc. Boosts Position in JPMorgan BetaBuilders U.S. Equity ETF $BBUS

Assetmark Inc. grew its holdings in JPMorgan BetaBuilders U.S. Equity ETF (BATS:BBUS) by 2.7% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 570,248 shares of the company’s stock after acquiring an additional 14,870 shares during the period. Assetmark Inc. owned about 1.27% of JPMorgan BetaBuilders U.S. Equity ETF worth $66,822,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also modified their holdings of the company. Ascent Group LLC grew its holdings in JPMorgan BetaBuilders U.S. Equity ETF by 6.7% in the fourth quarter. Ascent Group LLC now owns 92,837 shares of the company’s stock valued at $11,448,000 after purchasing an additional 5,798 shares during the period. Triad Wealth Partners LLC raised its stake in shares of JPMorgan BetaBuilders U.S. Equity ETF by 176.6% during the 4th quarter. Triad Wealth Partners LLC now owns 31,522 shares of the company’s stock worth $3,887,000 after buying an additional 20,125 shares during the period. MGO One Seven LLC raised its stake in shares of JPMorgan BetaBuilders U.S. Equity ETF by 15.3% during the 4th quarter. MGO One Seven LLC now owns 47,257 shares of the company’s stock worth $5,827,000 after buying an additional 6,258 shares during the period. Vestmark Advisory Solutions Inc. lifted its position in shares of JPMorgan BetaBuilders U.S. Equity ETF by 13.1% during the 4th quarter. Vestmark Advisory Solutions Inc. now owns 1,708,199 shares of the company’s stock valued at $210,638,000 after buying an additional 197,476 shares in the last quarter. Finally, Janney Montgomery Scott LLC lifted its position in shares of JPMorgan BetaBuilders U.S. Equity ETF by 2.8% during the 4th quarter. Janney Montgomery Scott LLC now owns 3,382,109 shares of the company’s stock valued at $417,048,000 after buying an additional 92,418 shares in the last quarter.

JPMorgan BetaBuilders U.S. Equity ETF Stock Performance

JPMorgan BetaBuilders U.S. Equity ETF stock opened at $133.99 on Friday. The stock has a market capitalization of $6.00 billion, a P/E ratio of 25.39 and a beta of 1.02. The company’s fifty day moving average price is $134.33 and its 200 day moving average price is $127.35. JPMorgan BetaBuilders U.S. Equity ETF has a 1 year low of $112.19 and a 1 year high of $137.20.

About JPMorgan BetaBuilders U.S. Equity ETF

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.