Tradition Wealth Management LLC Increases Stock Holdings in JP Morgan BetaBuilders U.S. Equity ETF (BATS:BBUS)

Tradition Wealth Management LLC grew its position in JP Morgan BetaBuilders U.S. Equity ETF (BATS:BBUS) by 5.6% in the third quarter, HoldingsChannel reports. The institutional investor owned 127,674 shares of the company’s stock after purchasing an additional 6,769 shares during the period. JP Morgan BetaBuilders U.S. Equity ETF makes up 1.2% of Tradition Wealth Management LLC’s holdings, making the stock its 24th biggest position. Tradition Wealth Management LLC’s holdings in JP Morgan BetaBuilders U.S. Equity ETF were worth $13,224,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds have also made changes to their positions in BBUS. LPL Financial LLC increased its position in shares of JP Morgan BetaBuilders U.S. Equity ETF by 31.9% in the third quarter. LPL Financial LLC now owns 2,215,723 shares of the company’s stock valued at $229,505,000 after buying an additional 536,068 shares in the last quarter. Janney Montgomery Scott LLC increased its position in shares of JP Morgan BetaBuilders U.S. Equity ETF by 26.8% in the third quarter. Janney Montgomery Scott LLC now owns 2,523,154 shares of the company’s stock valued at $261,348,000 after buying an additional 533,266 shares in the last quarter. Kowal Investment Group LLC purchased a new position in shares of JP Morgan BetaBuilders U.S. Equity ETF in the third quarter valued at $51,329,000. Strategic Financial Concepts LLC increased its position in shares of JP Morgan BetaBuilders U.S. Equity ETF by 2,740.4% in the second quarter. Strategic Financial Concepts LLC now owns 256,235 shares of the company’s stock valued at $251,000 after buying an additional 247,214 shares in the last quarter. Finally, Cetera Investment Advisers increased its position in shares of JP Morgan BetaBuilders U.S. Equity ETF by 408.8% in the first quarter. Cetera Investment Advisers now owns 139,274 shares of the company’s stock valued at $13,152,000 after buying an additional 111,903 shares in the last quarter.

JP Morgan BetaBuilders U.S. Equity ETF Trading Up 0.6 %

Shares of BBUS stock opened at $109.07 on Friday. The stock has a market capitalization of $3.72 billion, a PE ratio of 25.65 and a beta of 1.02. The firm has a fifty day moving average price of $105.35 and a two-hundred day moving average price of $100.87.

JP Morgan BetaBuilders U.S. Equity ETF 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.