JP Morgan BetaBuilders U.S. Equity ETF (BATS:BBUS) Position Reduced by HighTower Advisors LLC

HighTower Advisors LLC reduced its stake in shares of JP Morgan BetaBuilders U.S. Equity ETF (BATS:BBUSFree Report) by 5.7% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 8,404 shares of the company’s stock after selling 509 shares during the period. HighTower Advisors LLC’s holdings in JP Morgan BetaBuilders U.S. Equity ETF were worth $890,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently modified their holdings of BBUS. Wealthfront Advisers LLC lifted its position in shares of JP Morgan BetaBuilders U.S. Equity ETF by 23,263.4% during the fourth quarter. Wealthfront Advisers LLC now owns 482,220 shares of the company’s stock worth $51,077,000 after purchasing an additional 480,156 shares during the last quarter. Independent Advisor Alliance bought a new position in JP Morgan BetaBuilders U.S. Equity ETF during the 4th quarter worth approximately $472,000. Vestmark Advisory Solutions Inc. grew its position in shares of JP Morgan BetaBuilders U.S. Equity ETF by 9.7% in the 4th quarter. Vestmark Advisory Solutions Inc. now owns 1,209,249 shares of the company’s stock worth $128,084,000 after acquiring an additional 106,931 shares in the last quarter. Raymond James Financial Inc. bought a new stake in shares of JP Morgan BetaBuilders U.S. Equity ETF in the 4th quarter valued at approximately $27,598,000. Finally, Bravias Capital Group LLC acquired a new stake in shares of JP Morgan BetaBuilders U.S. Equity ETF during the 4th quarter valued at approximately $11,025,000.

JP Morgan BetaBuilders U.S. Equity ETF Price Performance

Shares of BBUS opened at $102.49 on Friday. The stock has a market capitalization of $4.18 billion, a PE ratio of 24.93 and a beta of 1.04. The business’s fifty day moving average price is $106.70 and its 200 day moving average price is $106.12. JP Morgan BetaBuilders U.S. Equity ETF has a 12-month low of $89.17 and a 12-month high of $111.04.

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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