JPMorgan BetaBuilders U.S. Equity ETF (BATS:BBUS) Shares Shorted: Short Interest Down 54.5% in September

JPMorgan BetaBuilders U.S. Equity ETF (BATS:BBUS) was the recipient of a significant drop in short interest in September. As of September 15th, there was short interest totaling 76,457 shares, a drop of 54.5% from the August 31st total of 168,114 shares. Approximately 0.2% of the shares of the stock are short sold. Based on an average daily volume of 191,376 shares, the short-interest ratio is presently 0.4 days.

JPMorgan BetaBuilders U.S. Equity ETF Trading Down 0.1%

BATS:BBUS opened at $137.99 on Wednesday. The business’s 50-day moving average is $137.64 and its 200 day moving average is $132.31. JPMorgan BetaBuilders U.S. Equity ETF has a 12 month low of $113.43 and a 12 month high of $140.70. The company has a market capitalization of $6.18 billion, a P/E ratio of 25.39 and a beta of 1.02.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently modified their holdings of BBUS. Envestnet Portfolio Solutions Inc. raised its stake in JPMorgan BetaBuilders U.S. Equity ETF by 110.6% during the second quarter. Envestnet Portfolio Solutions Inc. now owns 18,871 shares of the company’s stock valued at $2,542,000 after purchasing an additional 9,912 shares in the last quarter. Envestnet Asset Management Inc. increased its holdings in shares of JPMorgan BetaBuilders U.S. Equity ETF by 11.8% in the 2nd quarter. Envestnet Asset Management Inc. now owns 2,283,889 shares of the company’s stock worth $307,217,000 after buying an additional 240,305 shares during the last quarter. Capital Analysts LLC increased its holdings in shares of JPMorgan BetaBuilders U.S. Equity ETF by 247.9% in the 2nd quarter. Capital Analysts LLC now owns 4,398 shares of the company’s stock worth $592,000 after buying an additional 3,134 shares during the last quarter. Integrated Wealth Concepts LLC raised its position in shares of JPMorgan BetaBuilders U.S. Equity ETF by 11.4% during the 2nd quarter. Integrated Wealth Concepts LLC now owns 625,345 shares of the company’s stock valued at $83,468,000 after buying an additional 64,228 shares in the last quarter. Finally, IFP Advisors Inc raised its position in shares of JPMorgan BetaBuilders U.S. Equity ETF by 18.8% during the 2nd quarter. IFP Advisors Inc now owns 46,288 shares of the company’s stock valued at $6,218,000 after buying an additional 7,325 shares in the last quarter.

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.