Janney Montgomery Scott LLC Purchases 169,203 Shares of JPMorgan BetaBuilders U.S. Equity ETF $BBUS

Janney Montgomery Scott LLC increased its position in JPMorgan BetaBuilders U.S. Equity ETF (BATS:BBUS) by 5.4% in the 3rd quarter, according to the company in its most recent filing with the SEC. The fund owned 3,289,691 shares of the company’s stock after acquiring an additional 169,203 shares during the quarter. JPMorgan BetaBuilders U.S. Equity ETF comprises 0.9% of Janney Montgomery Scott LLC’s investment portfolio, making the stock its 13th largest holding. Janney Montgomery Scott LLC owned approximately 7.34% of JPMorgan BetaBuilders U.S. Equity ETF worth $396,934,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in BBUS. Royal Bank of Canada boosted its position in JPMorgan BetaBuilders U.S. Equity ETF by 71.6% during the first quarter. Royal Bank of Canada now owns 78,192 shares of the company’s stock worth $7,889,000 after purchasing an additional 32,634 shares during the period. NewEdge Advisors LLC boosted its holdings in JPMorgan BetaBuilders U.S. Equity ETF by 462.8% in the 1st quarter. NewEdge Advisors LLC now owns 439 shares of the company’s stock worth $44,000 after buying an additional 361 shares during the period. Geneos Wealth Management Inc. grew its stake in JPMorgan BetaBuilders U.S. Equity ETF by 22.9% in the 1st quarter. Geneos Wealth Management Inc. now owns 6,879 shares of the company’s stock valued at $694,000 after buying an additional 1,283 shares in the last quarter. Gradient Investments LLC raised its holdings in JPMorgan BetaBuilders U.S. Equity ETF by 3.1% during the 2nd quarter. Gradient Investments LLC now owns 581,991 shares of the company’s stock valued at $65,136,000 after acquiring an additional 17,680 shares during the period. Finally, Family Legacy Financial Solutions LLC bought a new stake in JPMorgan BetaBuilders U.S. Equity ETF during the 2nd quarter valued at $27,000.

JPMorgan BetaBuilders U.S. Equity ETF Price Performance

JPMorgan BetaBuilders U.S. Equity ETF stock opened at $125.49 on Monday. The firm has a market capitalization of $5.62 billion, a P/E ratio of 25.39 and a beta of 1.02. JPMorgan BetaBuilders U.S. Equity ETF has a one year low of $86.94 and a one year high of $115.07. The business has a fifty day moving average price of $123.07 and a 200-day moving average price of $119.35.

JPMorgan BetaBuilders U.S. Equity ETF Company Profile

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.