Vestmark Advisory Solutions Inc. Boosts Stock Holdings in JP Morgan BetaBuilders U.S. Equity ETF (BATS:BBUS)

Vestmark Advisory Solutions Inc. raised its stake in JP Morgan BetaBuilders U.S. Equity ETF (BATS:BBUS) by 9.7% in the 4th quarter, HoldingsChannel reports. The firm owned 1,209,249 shares of the company’s stock after acquiring an additional 106,931 shares during the quarter. JP Morgan BetaBuilders U.S. Equity ETF makes up 4.4% of Vestmark Advisory Solutions Inc.’s portfolio, making the stock its 3rd biggest position. Vestmark Advisory Solutions Inc.’s holdings in JP Morgan BetaBuilders U.S. Equity ETF were worth $128,084,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Raymond James Financial Inc. purchased a new position in shares of JP Morgan BetaBuilders U.S. Equity ETF during the 4th quarter valued at $27,598,000. Bravias Capital Group LLC bought a new position in shares of JP Morgan BetaBuilders U.S. Equity ETF in the 4th quarter worth $11,025,000. Kelly Financial Group LLC purchased a new stake in JP Morgan BetaBuilders U.S. Equity ETF in the fourth quarter worth approximately $41,936,000. Jones Financial Companies Lllp bought a new position in shares of JP Morgan BetaBuilders U.S. Equity ETF during the fourth quarter valued at about $35,000. Finally, Twin Peaks Wealth Advisors LLC raised its holdings in JP Morgan BetaBuilders U.S. Equity ETF by 85.4% during the 4th quarter. Twin Peaks Wealth Advisors LLC now owns 13,148 shares of the company’s stock valued at $1,393,000 after buying an additional 6,056 shares during the last quarter.

JP Morgan BetaBuilders U.S. Equity ETF Price Performance

Shares of BATS BBUS opened at $105.57 on Thursday. JP Morgan BetaBuilders U.S. Equity ETF has a 1 year low of $89.17 and a 1 year high of $111.04. The stock has a market capitalization of $4.28 billion, a P/E ratio of 26.75 and a beta of 1.03. The company’s 50-day moving average is $108.11 and its 200 day moving average is $105.97.

JP Morgan BetaBuilders U.S. Equity ETF 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.