Envestnet Portfolio Solutions Inc. Buys 6,458 Shares of JP Morgan BetaBuilders U.S. Equity ETF (BATS:BBUS)

Envestnet Portfolio Solutions Inc. raised its holdings in shares of JP Morgan BetaBuilders U.S. Equity ETF (BATS:BBUS) by 14.0% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 52,638 shares of the company’s stock after purchasing an additional 6,458 shares during the quarter. Envestnet Portfolio Solutions Inc.’s holdings in JP Morgan BetaBuilders U.S. Equity ETF were worth $5,575,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also made changes to their positions in BBUS. JPMorgan Chase & Co. lifted its position in shares of JP Morgan BetaBuilders U.S. Equity ETF by 26.6% during the third quarter. JPMorgan Chase & Co. now owns 3,708,785 shares of the company’s stock worth $384,156,000 after purchasing an additional 779,783 shares during the last quarter. LPL Financial LLC increased its stake in shares of JP Morgan BetaBuilders U.S. Equity ETF by 31.9% during the third quarter. LPL Financial LLC now owns 2,215,723 shares of the company’s stock valued at $229,505,000 after buying an additional 536,068 shares during the period. Wealthfront Advisers LLC lifted its stake in JP Morgan BetaBuilders U.S. Equity ETF by 23,263.4% in the fourth quarter. Wealthfront Advisers LLC now owns 482,220 shares of the company’s stock worth $51,077,000 after acquiring an additional 480,156 shares during the period. National Mutual Insurance Federation of Agricultural Cooperatives purchased a new stake in JP Morgan BetaBuilders U.S. Equity ETF in the fourth quarter worth about $49,041,000. Finally, Kelly Financial Group LLC purchased a new stake in JP Morgan BetaBuilders U.S. Equity ETF in the fourth quarter worth about $41,936,000.

JP Morgan BetaBuilders U.S. Equity ETF Price Performance

BATS:BBUS opened at $101.29 on Wednesday. JP Morgan BetaBuilders U.S. Equity ETF has a 1-year low of $89.17 and a 1-year high of $111.04. The company has a 50-day moving average of $107.14 and a 200 day moving average of $106.04. The firm has a market cap of $4.13 billion, a PE ratio of 24.93 and a beta of 1.04.

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.