JPMorgan BetaBuilders U.S. Equity ETF (BATS:BBUS) Short Interest Update

JPMorgan BetaBuilders U.S. Equity ETF (BATS:BBUS) saw a significant drop in short interest in the month of 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 company’s stock are short sold. Based on an average daily trading volume, of 191,376 shares, the days-to-cover ratio is presently 0.4 days.

JPMorgan BetaBuilders U.S. Equity ETF Stock Performance

BATS:BBUS traded down $0.33 during trading hours on Tuesday, reaching $137.80. The company’s stock had a trading volume of 35,043 shares, compared to its average volume of 236,941. The company has a market capitalization of $6.17 billion, a P/E ratio of 25.39 and a beta of 1.02. The stock has a 50 day moving average price of $137.58 and a two-hundred day moving average price of $132.20. JPMorgan BetaBuilders U.S. Equity ETF has a 12 month low of $113.43 and a 12 month high of $140.70.

Institutional Investors Weigh In On JPMorgan BetaBuilders U.S. Equity ETF

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

JPMorgan 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.