JPMorgan BetaBuilders U.S. Equity ETF (BATS:BBUS) Short Interest Up 329.1% in July

JPMorgan BetaBuilders U.S. Equity ETF (BATS:BBUS) was the recipient of a large increase in short interest in the month of July. As of July 15th, there was short interest totaling 845,277 shares, an increase of 329.1% from the June 30th total of 197,011 shares. Based on an average daily volume of 149,076 shares, the short-interest ratio is presently 5.7 days. Approximately 1.9% of the company’s shares are sold short.

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

A number of institutional investors have recently made changes to their positions in the company. Ascent Group LLC boosted its stake in JPMorgan BetaBuilders U.S. Equity ETF by 6.7% during the 4th quarter. Ascent Group LLC now owns 92,837 shares of the company’s stock valued at $11,448,000 after purchasing an additional 5,798 shares during the last quarter. Triad Wealth Partners LLC raised its position in JPMorgan BetaBuilders U.S. Equity ETF by 176.6% in the 4th quarter. Triad Wealth Partners LLC now owns 31,522 shares of the company’s stock worth $3,887,000 after buying an additional 20,125 shares during the last quarter. MGO One Seven LLC boosted its holdings in shares of JPMorgan BetaBuilders U.S. Equity ETF by 15.3% during the 4th quarter. MGO One Seven LLC now owns 47,257 shares of the company’s stock valued at $5,827,000 after acquiring an additional 6,258 shares during the last quarter. Vestmark Advisory Solutions Inc. boosted its holdings in shares of JPMorgan BetaBuilders U.S. Equity ETF by 13.1% during the 4th quarter. Vestmark Advisory Solutions Inc. now owns 1,708,199 shares of the company’s stock valued at $210,638,000 after acquiring an additional 197,476 shares during the last quarter. Finally, Janney Montgomery Scott LLC raised its holdings in shares of JPMorgan BetaBuilders U.S. Equity ETF by 2.8% during the fourth quarter. Janney Montgomery Scott LLC now owns 3,382,109 shares of the company’s stock valued at $417,048,000 after purchasing an additional 92,418 shares during the last quarter.

JPMorgan BetaBuilders U.S. Equity ETF Stock Performance

BBUS stock opened at $133.10 on Monday. The company has a market capitalization of $5.96 billion, a price-to-earnings ratio of 25.39 and a beta of 1.02. The business’s 50 day moving average price is $134.37 and its two-hundred day moving average price is $127.73. JPMorgan BetaBuilders U.S. Equity ETF has a fifty-two week low of $112.19 and a fifty-two week high of $137.20.

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.