Jacobi Capital Management LLC lessened its stake in JPMorgan BetaBuilders U.S. Equity ETF (BATS:BBUS – Free Report) by 40.2% in the first quarter, HoldingsChannel reports. The fund owned 20,303 shares of the company’s stock after selling 13,645 shares during the period. Jacobi Capital Management LLC’s holdings in JPMorgan BetaBuilders U.S. Equity ETF were worth $2,048,000 at the end of the most recent quarter.
Other hedge funds and other institutional investors also recently modified their holdings of the company. Ameriflex Group Inc. bought a new stake in shares of JPMorgan BetaBuilders U.S. Equity ETF in the 4th quarter valued at about $36,000. Spire Wealth Management lifted its stake in shares of JPMorgan BetaBuilders U.S. Equity ETF by 98.6% in the 1st quarter. Spire Wealth Management now owns 427 shares of the company’s stock valued at $43,000 after acquiring an additional 212 shares during the last quarter. NewEdge Advisors LLC lifted its stake in shares of JPMorgan BetaBuilders U.S. Equity ETF by 462.8% in the 1st quarter. NewEdge Advisors LLC now owns 439 shares of the company’s stock valued at $44,000 after acquiring an additional 361 shares during the last quarter. N.E.W. Advisory Services LLC bought a new stake in shares of JPMorgan BetaBuilders U.S. Equity ETF in the 1st quarter valued at about $61,000. Finally, Rossby Financial LCC bought a new position in JPMorgan BetaBuilders U.S. Equity ETF during the 1st quarter valued at approximately $62,000.
JPMorgan BetaBuilders U.S. Equity ETF Price Performance
BBUS opened at $119.24 on Friday. The business has a 50 day simple moving average of $115.29 and a two-hundred day simple moving average of $107.52. The firm has a market capitalization of $5.34 billion, a price-to-earnings ratio of 25.39 and a beta of 1.02. JPMorgan BetaBuilders U.S. Equity ETF has a one year low of $86.94 and a one year high of $115.07.
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.
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