Principal Financial Group Inc. Decreases Stock Holdings in JPMorgan BetaBuilders U.S. Equity ETF $BBUS

Principal Financial Group Inc. lessened its stake in shares of JPMorgan BetaBuilders U.S. Equity ETF (BATS:BBUSFree Report) by 72.4% during the first quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 2,235 shares of the company’s stock after selling 5,877 shares during the quarter. Principal Financial Group Inc.’s holdings in JPMorgan BetaBuilders U.S. Equity ETF were worth $262,000 as of its most recent SEC filing.

A number of other large investors have also recently made changes to their positions in BBUS. Hoey Investments Inc. purchased a new stake in JPMorgan BetaBuilders U.S. Equity ETF during the 4th quarter valued at $25,000. Smartleaf Asset Management LLC bought a new stake in shares of JPMorgan BetaBuilders U.S. Equity ETF during the 2nd quarter valued at about $32,000. US Bancorp DE bought a new stake in shares of JPMorgan BetaBuilders U.S. Equity ETF during the 3rd quarter valued at about $43,000. IFC & Insurance Marketing Inc. bought a new stake in shares of JPMorgan BetaBuilders U.S. Equity ETF during the 4th quarter valued at about $49,000. Finally, NewEdge Advisors LLC increased its position in shares of JPMorgan BetaBuilders U.S. Equity ETF by 462.8% during the 1st quarter. NewEdge Advisors LLC now owns 439 shares of the company’s stock valued at $44,000 after purchasing an additional 361 shares during the last quarter.

JPMorgan BetaBuilders U.S. Equity ETF Stock Up 0.7%

Shares of BATS:BBUS opened at $134.60 on Friday. The firm’s 50 day moving average price is $134.36 and its 200-day moving average price is $128.00. JPMorgan BetaBuilders U.S. Equity ETF has a twelve month low of $112.19 and a twelve month high of $137.20. The stock has a market capitalization of $6.03 billion, a PE ratio of 25.39 and a beta of 1.02.

About JPMorgan BetaBuilders U.S. Equity ETF

(Free Report)

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.

Further Reading

Institutional Ownership by Quarter for JPMorgan BetaBuilders U.S. Equity ETF (BATS:BBUS)

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