JPMorgan BetaBuilders U.S. Equity ETF $BBUS Shares Acquired by MN Wealth Advisors LLC

MN Wealth Advisors LLC lifted its position in shares of JPMorgan BetaBuilders U.S. Equity ETF (BATS:BBUS) by 6.8% in the third quarter, HoldingsChannel.com reports. The institutional investor owned 314,829 shares of the company’s stock after buying an additional 20,094 shares during the quarter. JPMorgan BetaBuilders U.S. Equity ETF accounts for approximately 17.6% of MN Wealth Advisors LLC’s holdings, making the stock its largest position. MN Wealth Advisors LLC’s holdings in JPMorgan BetaBuilders U.S. Equity ETF were worth $43,314,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also modified their holdings of BBUS. Cornerstone Planning Group LLC acquired a new position in shares of JPMorgan BetaBuilders U.S. Equity ETF in the first quarter valued at approximately $70,000. Orion Capital Management LLC purchased a new position in shares of JPMorgan BetaBuilders U.S. Equity ETF during the second quarter valued at approximately $145,000. Fifth Third Bancorp acquired a new stake in JPMorgan BetaBuilders U.S. Equity ETF during the first quarter worth approximately $152,000. Root Financial Partners LLC acquired a new stake in JPMorgan BetaBuilders U.S. Equity ETF during the first quarter worth approximately $166,000. Finally, Continuum Advisory LLC acquired a new stake in JPMorgan BetaBuilders U.S. Equity ETF during the second quarter worth approximately $177,000.

JPMorgan BetaBuilders U.S. Equity ETF Stock Performance

BBUS stock opened at $137.03 on Friday. The stock has a market capitalization of $6.14 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 $113.43 and a one year high of $141.25. The company has a 50 day moving average price of $138.56 and a two-hundred day moving average price of $134.87.

JPMorgan BetaBuilders U.S. Equity ETF 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.