Blue Oak Capital LLC Sells 21,434 Shares of JPMorgan BetaBuilders U.S. Equity ETF $BBUS

Blue Oak Capital LLC cut its holdings in JPMorgan BetaBuilders U.S. Equity ETF (BATS:BBUS) by 17.7% during the second quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 99,537 shares of the company’s stock after selling 21,434 shares during the quarter. JPMorgan BetaBuilders U.S. Equity ETF comprises 5.9% of Blue Oak Capital LLC’s portfolio, making the stock its 4th largest position. Blue Oak Capital LLC owned approximately 0.22% of JPMorgan BetaBuilders U.S. Equity ETF worth $11,140,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently made changes to their positions in BBUS. Semus Wealth Partners LLC boosted its position in shares of JPMorgan BetaBuilders U.S. Equity ETF by 2.5% in the 1st quarter. Semus Wealth Partners LLC now owns 6,162 shares of the company’s stock worth $622,000 after purchasing an additional 153 shares during the last quarter. Wealth Enhancement Advisory Services LLC lifted its stake in JPMorgan BetaBuilders U.S. Equity ETF by 2.1% in the fourth quarter. Wealth Enhancement Advisory Services LLC now owns 9,450 shares of the company’s stock valued at $1,001,000 after buying an additional 197 shares during the period. Spire Wealth Management boosted its holdings in JPMorgan BetaBuilders U.S. Equity ETF by 98.6% during the first quarter. Spire Wealth Management now owns 427 shares of the company’s stock worth $43,000 after buying an additional 212 shares during the last quarter. Family Legacy Financial Solutions LLC acquired a new position in shares of JPMorgan BetaBuilders U.S. Equity ETF during the 2nd quarter worth about $27,000. Finally, Ameriflex Group Inc. bought a new stake in shares of JPMorgan BetaBuilders U.S. Equity ETF in the 4th quarter valued at about $36,000.

JPMorgan BetaBuilders U.S. Equity ETF Price Performance

Shares of BATS:BBUS opened at $119.27 on Friday. The firm’s 50 day simple moving average is $116.69 and its 200 day simple moving average is $108.48. JPMorgan BetaBuilders U.S. Equity ETF has a fifty-two week low of $86.94 and a fifty-two week high of $115.07. The company has a market capitalization of $5.34 billion, a price-to-earnings 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.