77,164 Shares in JPMorgan BetaBuilders U.S. Equity ETF $BBUS Acquired by Schmidt P J Investment Management Inc.

Schmidt P J Investment Management Inc. acquired a new stake in shares of JPMorgan BetaBuilders U.S. Equity ETF (BATS:BBUS) in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor acquired 77,164 shares of the company’s stock, valued at approximately $10,616,000. JPMorgan BetaBuilders U.S. Equity ETF comprises about 1.6% of Schmidt P J Investment Management Inc.’s portfolio, making the stock its 13th largest holding.

Several other large investors have also modified their holdings of BBUS. Ascent Group LLC increased its position in shares of JPMorgan BetaBuilders U.S. Equity ETF by 0.8% in the third quarter. Ascent Group LLC now owns 98,281 shares of the company’s stock worth $13,522,000 after acquiring an additional 763 shares in the last quarter. GRIMES & Co WEALTH MANAGEMENT LLC acquired a new position in JPMorgan BetaBuilders U.S. Equity ETF in the 3rd quarter worth approximately $307,000. Welch Group LLC purchased a new position in JPMorgan BetaBuilders U.S. Equity ETF during the 3rd quarter worth approximately $305,000. Mirae Asset Global Investments Co. Ltd. purchased a new position in JPMorgan BetaBuilders U.S. Equity ETF during the 3rd quarter worth approximately $1,484,000. Finally, Vise Technologies Inc. grew its position in JPMorgan BetaBuilders U.S. Equity ETF by 4.0% during the 3rd quarter. Vise Technologies Inc. now owns 32,332 shares of the company’s stock worth $4,448,000 after purchasing an additional 1,234 shares in the last quarter.

JPMorgan BetaBuilders U.S. Equity ETF Stock Up 1.6%

Shares of BATS:BBUS opened at $138.05 on Thursday. The company’s fifty day moving average is $138.43 and its two-hundred day moving average is $131.57. The company has a market cap of $6.18 billion, a P/E ratio of 25.39 and a beta of 1.02. JPMorgan BetaBuilders U.S. Equity ETF has a 12-month low of $113.43 and a 12-month high of $141.25.

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.