Vestmark Advisory Solutions Inc. Buys 197,476 Shares of JPMorgan BetaBuilders U.S. Equity ETF $BBUS

Vestmark Advisory Solutions Inc. increased its stake in shares of JPMorgan BetaBuilders U.S. Equity ETF (BATS:BBUS) by 13.1% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 1,708,199 shares of the company’s stock after acquiring an additional 197,476 shares during the quarter. JPMorgan BetaBuilders U.S. Equity ETF comprises approximately 2.8% of Vestmark Advisory Solutions Inc.’s portfolio, making the stock its 2nd largest holding. Vestmark Advisory Solutions Inc. owned about 3.81% of JPMorgan BetaBuilders U.S. Equity ETF worth $210,638,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds and other institutional investors have also recently bought and sold shares of BBUS. National Mutual Insurance Federation of Agricultural Cooperatives raised its stake in JPMorgan BetaBuilders U.S. Equity ETF by 175.4% during the 4th quarter. National Mutual Insurance Federation of Agricultural Cooperatives now owns 1,275,000 shares of the company’s stock worth $157,220,000 after acquiring an additional 812,000 shares in the last quarter. JPMorgan Chase & Co. raised its stake in JPMorgan BetaBuilders U.S. Equity ETF by 14.0% during the 3rd quarter. JPMorgan Chase & Co. now owns 4,246,186 shares of the company’s stock worth $512,345,000 after acquiring an additional 521,394 shares in the last quarter. Integrated Wealth Concepts LLC raised its stake in JPMorgan BetaBuilders U.S. Equity ETF by 414.9% during the 3rd quarter. Integrated Wealth Concepts LLC now owns 514,497 shares of the company’s stock worth $62,079,000 after acquiring an additional 414,580 shares in the last quarter. Robertson Stephens Wealth Management LLC raised its stake in JPMorgan BetaBuilders U.S. Equity ETF by 70.2% during the 4th quarter. Robertson Stephens Wealth Management LLC now owns 791,483 shares of the company’s stock worth $97,598,000 after acquiring an additional 326,521 shares in the last quarter. Finally, Envestnet Asset Management Inc. raised its stake in JPMorgan BetaBuilders U.S. Equity ETF by 10.2% during the 3rd quarter. Envestnet Asset Management Inc. now owns 1,797,695 shares of the company’s stock worth $216,910,000 after acquiring an additional 165,852 shares in the last quarter.

JPMorgan BetaBuilders U.S. Equity ETF Price Performance

Shares of BATS:BBUS opened at $133.77 on Friday. The company’s fifty day moving average price is $124.87 and its 200 day moving average price is $123.98. JPMorgan BetaBuilders U.S. Equity ETF has a 12 month low of $104.20 and a 12 month high of $134.98. The firm has a market capitalization of $5.99 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.