JPMorgan BetaBuilders U.S. Equity ETF (BATS:BBUS) Short Interest Down 76.2% in July

JPMorgan BetaBuilders U.S. Equity ETF (BATS:BBUS) was the recipient of a large decrease in short interest during the month of July. As of July 31st, there was short interest totaling 201,576 shares, a decrease of 76.2% from the July 15th total of 845,277 shares. Currently, 0.4% of the shares of the stock are short sold. Based on an average daily trading volume, of 198,649 shares, the short-interest ratio is presently 1.0 days.

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

A number of large investors have recently added to or reduced their stakes in the company. Gradient Investments LLC lifted its stake in JPMorgan BetaBuilders U.S. Equity ETF by 1.0% during the second quarter. Gradient Investments LLC now owns 148,653 shares of the company’s stock worth $20,027,000 after purchasing an additional 1,415 shares during the last quarter. Archer Investment Management LLC increased its position in shares of JPMorgan BetaBuilders U.S. Equity ETF by 13.1% during the 2nd quarter. Archer Investment Management LLC now owns 29,765 shares of the company’s stock valued at $4,010,000 after purchasing an additional 3,443 shares during the last quarter. Arkadios Wealth Advisors increased its position in shares of JPMorgan BetaBuilders U.S. Equity ETF by 255.2% during the 1st quarter. Arkadios Wealth Advisors now owns 14,999 shares of the company’s stock valued at $1,758,000 after purchasing an additional 10,776 shares during the last quarter. Royal Bank of Canada raised its holdings in shares of JPMorgan BetaBuilders U.S. Equity ETF by 16.8% during the 1st quarter. Royal Bank of Canada now owns 81,268 shares of the company’s stock valued at $9,524,000 after buying an additional 11,662 shares in the last quarter. Finally, Gateway Wealth Partners LLC raised its holdings in shares of JPMorgan BetaBuilders U.S. Equity ETF by 140.6% during the 1st quarter. Gateway Wealth Partners LLC now owns 44,536 shares of the company’s stock valued at $5,219,000 after buying an additional 26,022 shares in the last quarter.

JPMorgan BetaBuilders U.S. Equity ETF Stock Performance

JPMorgan BetaBuilders U.S. Equity ETF stock opened at $139.48 on Thursday. JPMorgan BetaBuilders U.S. Equity ETF has a fifty-two week low of $113.43 and a fifty-two week high of $140.02. The stock has a market cap of $6.25 billion, a P/E ratio of 25.39 and a beta of 1.02. The firm’s fifty day moving average price is $134.83 and its 200-day moving average price is $128.82.

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.