Ascent Group LLC Has $5.06 Million Stock Position in JPMorgan BetaBuilders U.S. Equity ETF $BBUS

Ascent Group LLC raised its stake in JPMorgan BetaBuilders U.S. Equity ETF (BATS:BBUS) by 7.9% during the second quarter, HoldingsChannel.com reports. The institutional investor owned 45,248 shares of the company’s stock after buying an additional 3,321 shares during the period. Ascent Group LLC’s holdings in JPMorgan BetaBuilders U.S. Equity ETF were worth $5,064,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently added to or reduced their stakes in the stock. Wealth Enhancement Advisory Services LLC raised its stake in shares of JPMorgan BetaBuilders U.S. Equity ETF by 2.1% during the fourth quarter. Wealth Enhancement Advisory Services LLC now owns 9,450 shares of the company’s stock valued at $1,001,000 after acquiring an additional 197 shares during the last quarter. Park Avenue Securities LLC raised its stake in shares of JPMorgan BetaBuilders U.S. Equity ETF by 33.8% during the first quarter. Park Avenue Securities LLC now owns 207,284 shares of the company’s stock valued at $20,913,000 after acquiring an additional 52,346 shares during the last quarter. Farther Finance Advisors LLC raised its stake in shares of JPMorgan BetaBuilders U.S. Equity ETF by 32.5% during the first quarter. Farther Finance Advisors LLC now owns 32,657 shares of the company’s stock valued at $3,307,000 after acquiring an additional 8,005 shares during the last quarter. Kelly Financial Services LLC raised its stake in shares of JPMorgan BetaBuilders U.S. Equity ETF by 19.6% during the first quarter. Kelly Financial Services LLC now owns 3,993 shares of the company’s stock valued at $403,000 after acquiring an additional 654 shares during the last quarter. Finally, Twin Peaks Wealth Advisors LLC raised its stake in shares of JPMorgan BetaBuilders U.S. Equity ETF by 18.7% during the first quarter. Twin Peaks Wealth Advisors LLC now owns 15,607 shares of the company’s stock valued at $1,515,000 after acquiring an additional 2,459 shares during the last quarter.

JPMorgan BetaBuilders U.S. Equity ETF Stock Performance

BBUS stock opened at $121.21 on Friday. The company has a fifty day moving average price of $117.45 and a 200-day moving average price of $109.25. The company has a market capitalization of $5.43 billion, a P/E ratio of 25.39 and a beta of 1.02. JPMorgan BetaBuilders U.S. Equity ETF has a 52-week low of $86.94 and a 52-week high of $115.07.

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.