Northwestern Mutual Wealth Management Co. Acquires 22,543 Shares of JPMorgan BetaBuilders U.S. Equity ETF $BBUS

Northwestern Mutual Wealth Management Co. raised its holdings in JPMorgan BetaBuilders U.S. Equity ETF (BATS:BBUS) by 2,645.9% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 23,395 shares of the company’s stock after acquiring an additional 22,543 shares during the period. Northwestern Mutual Wealth Management Co.’s holdings in JPMorgan BetaBuilders U.S. Equity ETF were worth $2,885,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of BBUS. Royal Bank of Canada grew its position in JPMorgan BetaBuilders U.S. Equity ETF by 71.6% in the first quarter. Royal Bank of Canada now owns 78,192 shares of the company’s stock valued at $7,889,000 after acquiring an additional 32,634 shares during the last quarter. NewEdge Advisors LLC grew its position in JPMorgan BetaBuilders U.S. Equity ETF by 462.8% in the first quarter. NewEdge Advisors LLC now owns 439 shares of the company’s stock valued at $44,000 after acquiring an additional 361 shares during the last quarter. Marshall Wace LLP bought a new position in JPMorgan BetaBuilders U.S. Equity ETF in the second quarter valued at about $790,000. Raymond James Financial Inc. grew its position in JPMorgan BetaBuilders U.S. Equity ETF by 108.3% in the second quarter. Raymond James Financial Inc. now owns 45,168 shares of the company’s stock valued at $5,055,000 after acquiring an additional 23,483 shares during the last quarter. Finally, Jane Street Group LLC bought a new position in JPMorgan BetaBuilders U.S. Equity ETF in the second quarter valued at about $2,070,000.

JPMorgan BetaBuilders U.S. Equity ETF Price Performance

JPMorgan BetaBuilders U.S. Equity ETF stock opened at $134.38 on Tuesday. JPMorgan BetaBuilders U.S. Equity ETF has a 12-month low of $104.20 and a 12-month high of $134.98. The business’s 50-day moving average price is $125.40 and its two-hundred day moving average price is $124.14. The stock has a market cap of $6.02 billion, a PE ratio of 25.39 and a beta of 1.02.

About JPMorgan 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.