Gateway Wealth Partners LLC Sells 5,958 Shares of JP Morgan BetaBuilders U.S. Equity ETF (BATS:BBUS)

Gateway Wealth Partners LLC lowered its stake in JP Morgan BetaBuilders U.S. Equity ETF (BATS:BBUS) by 24.8% during the 3rd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 18,020 shares of the company’s stock after selling 5,958 shares during the quarter. Gateway Wealth Partners LLC’s holdings in JP Morgan BetaBuilders U.S. Equity ETF were worth $1,867,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also made changes to their positions in BBUS. UMB Bank n.a. purchased a new position in shares of JP Morgan BetaBuilders U.S. Equity ETF in the second quarter valued at $29,000. LGT Financial Advisors LLC grew its stake in shares of JP Morgan BetaBuilders U.S. Equity ETF by 62.1% in the 2nd quarter. LGT Financial Advisors LLC now owns 650 shares of the company’s stock worth $64,000 after buying an additional 249 shares in the last quarter. Northwestern Mutual Wealth Management Co. increased its holdings in shares of JP Morgan BetaBuilders U.S. Equity ETF by 291.3% in the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 994 shares of the company’s stock worth $98,000 after buying an additional 740 shares during the last quarter. Ridgewood Investments LLC purchased a new stake in shares of JP Morgan BetaBuilders U.S. Equity ETF during the 2nd quarter valued at about $113,000. Finally, Strategic Financial Concepts LLC lifted its holdings in shares of JP Morgan BetaBuilders U.S. Equity ETF by 2,740.4% in the 2nd quarter. Strategic Financial Concepts LLC now owns 256,235 shares of the company’s stock valued at $251,000 after acquiring an additional 247,214 shares during the last quarter.

JP Morgan BetaBuilders U.S. Equity ETF Stock Up 0.3 %

Shares of BATS BBUS opened at $104.88 on Tuesday. The stock’s fifty day moving average is $102.46 and its 200 day moving average is $98.42. The company has a market capitalization of $3.58 billion, a PE ratio of 25.65 and a beta of 1.02.

JP Morgan BetaBuilders U.S. Equity ETF Company 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.