JP Morgan BetaBuilders U.S. Equity ETF (BATS:BBUS) Stake Boosted by Park Avenue Securities LLC

Park Avenue Securities LLC increased its position in shares of JP Morgan BetaBuilders U.S. Equity ETF (BATS:BBUS) by 11.3% in the 4th quarter, Holdings Channel.com reports. The fund owned 154,938 shares of the company’s stock after buying an additional 15,742 shares during the quarter. Park Avenue Securities LLC’s holdings in JP Morgan BetaBuilders U.S. Equity ETF were worth $16,411,000 as of its most recent SEC filing.

A number of other institutional investors have also recently bought and sold shares of BBUS. Ignite Planners LLC raised its position in JP Morgan BetaBuilders U.S. Equity ETF by 3.4% during the fourth quarter. Ignite Planners LLC now owns 10,833 shares of the company’s stock valued at $1,160,000 after acquiring an additional 359 shares in the last quarter. Rosenberg Matthew Hamilton raised its holdings in shares of JP Morgan BetaBuilders U.S. Equity ETF by 12.0% during the 4th quarter. Rosenberg Matthew Hamilton now owns 27,431 shares of the company’s stock valued at $2,905,000 after purchasing an additional 2,936 shares in the last quarter. AdvisorNet Financial Inc acquired a new position in JP Morgan BetaBuilders U.S. Equity ETF during the fourth quarter worth $2,001,000. Wealth Enhancement Advisory Services LLC raised its holdings in JP Morgan BetaBuilders U.S. Equity ETF by 7.4% during the fourth quarter. Wealth Enhancement Advisory Services LLC now owns 9,936 shares of the company’s stock valued at $1,029,000 after buying an additional 683 shares in the last quarter. Finally, JPMorgan Chase & Co. lifted its position in shares of JP Morgan BetaBuilders U.S. Equity ETF by 26.6% in the third quarter. JPMorgan Chase & Co. now owns 3,708,785 shares of the company’s stock worth $384,156,000 after buying an additional 779,783 shares during the last quarter.

JP Morgan BetaBuilders U.S. Equity ETF Stock Performance

Shares of BATS BBUS opened at $105.33 on Wednesday. The firm’s 50 day moving average is $107.88 and its 200-day moving average is $103.44. The firm has a market cap of $3.59 billion, a price-to-earnings ratio of 25.65 and a beta of 1.02.

About JP Morgan 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.