Envestnet Portfolio Solutions Inc. Grows Position in JP Morgan BetaBuilders U.S. Equity ETF (BATS:BBUS)

Envestnet Portfolio Solutions Inc. grew its stake in JP Morgan BetaBuilders U.S. Equity ETF (BATS:BBUSFree Report) by 118.4% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 13,864 shares of the company’s stock after buying an additional 7,516 shares during the period. Envestnet Portfolio Solutions Inc. owned 0.05% of JP Morgan BetaBuilders U.S. Equity ETF worth $1,191,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also made changes to their positions in the stock. Envestnet Asset Management Inc. increased its stake in shares of JP Morgan BetaBuilders U.S. Equity ETF by 782.3% in the third quarter. Envestnet Asset Management Inc. now owns 370,216 shares of the company’s stock worth $28,536,000 after acquiring an additional 328,255 shares during the period. Janney Montgomery Scott LLC raised its stake in shares of JP Morgan BetaBuilders U.S. Equity ETF by 37.8% during the 3rd quarter. Janney Montgomery Scott LLC now owns 826,858 shares of the company’s stock valued at $63,734,000 after buying an additional 226,708 shares during the last quarter. Vestmark Advisory Solutions Inc. grew its position in JP Morgan BetaBuilders U.S. Equity ETF by 53.5% during the third quarter. Vestmark Advisory Solutions Inc. now owns 569,959 shares of the company’s stock valued at $43,932,000 after buying an additional 198,651 shares during the period. LPL Financial LLC increased its holdings in JP Morgan BetaBuilders U.S. Equity ETF by 19.4% in the third quarter. LPL Financial LLC now owns 924,666 shares of the company’s stock valued at $71,273,000 after buying an additional 149,967 shares in the last quarter. Finally, JPMorgan Chase & Co. raised its position in shares of JP Morgan BetaBuilders U.S. Equity ETF by 1.2% in the third quarter. JPMorgan Chase & Co. now owns 8,463,596 shares of the company’s stock worth $652,375,000 after acquiring an additional 100,163 shares during the period.

JP Morgan BetaBuilders U.S. Equity ETF Price Performance

BATS:BBUS opened at $95.61 on Friday. The company’s 50 day simple moving average is $92.91 and its 200-day simple moving average is $88.31. The firm has a market cap of $3.26 billion, a PE ratio of 25.65 and a beta of 1.02.

JP Morgan BetaBuilders U.S. Equity ETF Company Profile

(Free Report)

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.

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Institutional Ownership by Quarter for JP Morgan BetaBuilders U.S. Equity ETF (BATS:BBUS)

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