IFP Advisors Inc Buys 7,325 Shares of JPMorgan BetaBuilders U.S. Equity ETF $BBUS

IFP Advisors Inc raised its stake in shares of JPMorgan BetaBuilders U.S. Equity ETF (BATS:BBUS) by 18.8% in the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 46,288 shares of the company’s stock after purchasing an additional 7,325 shares during the quarter. IFP Advisors Inc owned 0.10% of JPMorgan BetaBuilders U.S. Equity ETF worth $6,218,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors have also bought and sold shares of the stock. Vestmark Advisory Solutions Inc. lifted its holdings in shares of JPMorgan BetaBuilders U.S. Equity ETF by 13.1% during the 4th quarter. Vestmark Advisory Solutions Inc. now owns 1,708,199 shares of the company’s stock worth $210,638,000 after acquiring an additional 197,476 shares during the last quarter. Janney Montgomery Scott LLC increased its stake in JPMorgan BetaBuilders U.S. Equity ETF by 2.8% in the fourth quarter. Janney Montgomery Scott LLC now owns 3,382,109 shares of the company’s stock valued at $417,048,000 after acquiring an additional 92,418 shares during the last quarter. Great Valley Advisor Group Inc. increased its stake in JPMorgan BetaBuilders U.S. Equity ETF by 8.4% in the fourth quarter. Great Valley Advisor Group Inc. now owns 92,591 shares of the company’s stock valued at $11,417,000 after acquiring an additional 7,196 shares during the last quarter. Private Advisor Group LLC increased its stake in JPMorgan BetaBuilders U.S. Equity ETF by 24.3% in the first quarter. Private Advisor Group LLC now owns 101,307 shares of the company’s stock valued at $11,871,000 after acquiring an additional 19,776 shares during the last quarter. Finally, LPL Financial LLC raised its position in JPMorgan BetaBuilders U.S. Equity ETF by 4.5% during the fourth quarter. LPL Financial LLC now owns 3,102,383 shares of the company’s stock valued at $382,555,000 after purchasing an additional 132,407 shares in the last quarter.

JPMorgan BetaBuilders U.S. Equity ETF Stock Down 0.5%

Shares of BBUS stock opened at $137.59 on Thursday. The business has a 50-day moving average price of $136.78 and a two-hundred day moving average price of $130.84. JPMorgan BetaBuilders U.S. Equity ETF has a 12-month low of $113.43 and a 12-month high of $140.70. The firm has a market cap of $6.16 billion, a P/E 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.