Blue Trust Inc. Makes New Investment in JP Morgan BetaBuilders U.S. Equity ETF (BATS:BBUS)

Blue Trust Inc. acquired a new position in shares of JP Morgan BetaBuilders U.S. Equity ETF (BATS:BBUS) in the 4th quarter, HoldingsChannel reports. The fund acquired 730 shares of the company’s stock, valued at approximately $76,000.

Several other institutional investors also recently bought and sold shares of BBUS. Twin Peaks Wealth Advisors LLC grew its stake in JP Morgan BetaBuilders U.S. Equity ETF by 14.0% during the third quarter. Twin Peaks Wealth Advisors LLC now owns 7,092 shares of the company’s stock worth $735,000 after buying an additional 871 shares during the period. Rosenberg Matthew Hamilton grew its stake in JP Morgan BetaBuilders U.S. Equity ETF by 38.2% during the third quarter. Rosenberg Matthew Hamilton now owns 24,495 shares of the company’s stock worth $2,537,000 after buying an additional 6,766 shares during the period. Farther Finance Advisors LLC grew its stake in JP Morgan BetaBuilders U.S. Equity ETF by 123.9% during the third quarter. Farther Finance Advisors LLC now owns 33,145 shares of the company’s stock worth $3,433,000 after buying an additional 18,340 shares during the period. Janney Montgomery Scott LLC grew its stake in JP Morgan BetaBuilders U.S. Equity ETF by 26.8% during the third quarter. Janney Montgomery Scott LLC now owns 2,523,154 shares of the company’s stock worth $261,348,000 after buying an additional 533,266 shares during the period. Finally, Family Asset Management LLC grew its stake in JP Morgan BetaBuilders U.S. Equity ETF by 23.3% during the third quarter. Family Asset Management LLC now owns 2,527 shares of the company’s stock worth $262,000 after buying an additional 478 shares during the period.

JP Morgan BetaBuilders U.S. Equity ETF Trading Up 3.0 %

BBUS opened at $108.53 on Monday. The stock’s 50-day simple moving average is $108.39 and its 200 day simple moving average is $105.45. The stock has a market capitalization of $3.70 billion, a P/E 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.