MassMutual Private Wealth & Trust FSB Reduces Holdings in JP Morgan BetaBuilders U.S. Equity ETF (BATS:BBUS)

MassMutual Private Wealth & Trust FSB lowered its position in JP Morgan BetaBuilders U.S. Equity ETF (BATS:BBUS) by 6.0% during the fourth quarter, HoldingsChannel reports. The firm owned 83,346 shares of the company’s stock after selling 5,313 shares during the period. MassMutual Private Wealth & Trust FSB’s holdings in JP Morgan BetaBuilders U.S. Equity ETF were worth $8,828,000 at the end of the most recent reporting period.

A number of other large investors have also modified their holdings of BBUS. Northwestern Mutual Wealth Management Co. lifted its position in JP Morgan BetaBuilders U.S. Equity ETF by 291.3% during the second quarter. Northwestern Mutual Wealth Management Co. now owns 994 shares of the company’s stock worth $98,000 after buying an additional 740 shares in the last quarter. Moors & Cabot Inc. acquired a new position in shares of JP Morgan BetaBuilders U.S. Equity ETF during the 3rd quarter valued at about $206,000. Flagstar Advisors Inc. purchased a new stake in shares of JP Morgan BetaBuilders U.S. Equity ETF in the third quarter valued at about $235,000. Family Asset Management LLC grew its holdings in shares of JP Morgan BetaBuilders U.S. Equity ETF by 23.3% in the third quarter. Family Asset Management LLC now owns 2,527 shares of the company’s stock valued at $262,000 after purchasing an additional 478 shares during the period. Finally, FMR LLC increased its position in JP Morgan BetaBuilders U.S. Equity ETF by 31.7% during the third quarter. FMR LLC now owns 2,654 shares of the company’s stock worth $275,000 after purchasing an additional 639 shares during the last quarter.

JP Morgan BetaBuilders U.S. Equity ETF Stock Up 2.7 %

BATS:BBUS opened at $108.22 on Monday. The company has a fifty day moving average price of $107.84 and a 200-day moving average price of $103.61. The firm has a market cap of $3.69 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.