JPMorgan BetaBuilders U.S. Equity ETF $BBUS is Robertson Stephens Wealth Management LLC’s 6th Largest Position

Robertson Stephens Wealth Management LLC boosted its position in shares of JPMorgan BetaBuilders U.S. Equity ETF (BATS:BBUS) by 70.2% in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 791,483 shares of the company’s stock after acquiring an additional 326,521 shares during the period. JPMorgan BetaBuilders U.S. Equity ETF accounts for 2.5% of Robertson Stephens Wealth Management LLC’s holdings, making the stock its 6th biggest position. Robertson Stephens Wealth Management LLC’s holdings in JPMorgan BetaBuilders U.S. Equity ETF were worth $97,598,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. Hoey Investments Inc. purchased a new stake in JPMorgan BetaBuilders U.S. Equity ETF during the fourth quarter valued at approximately $25,000. Smartleaf Asset Management LLC purchased a new stake in JPMorgan BetaBuilders U.S. Equity ETF during the second quarter valued at approximately $32,000. US Bancorp DE purchased a new stake in JPMorgan BetaBuilders U.S. Equity ETF during the third quarter valued at approximately $43,000. NewEdge Advisors LLC raised its holdings in shares of JPMorgan BetaBuilders U.S. Equity ETF by 462.8% in the first quarter. NewEdge Advisors LLC now owns 439 shares of the company’s stock worth $44,000 after buying an additional 361 shares during the last quarter. Finally, Fairway Wealth LLC purchased a new position in shares of JPMorgan BetaBuilders U.S. Equity ETF in the fourth quarter worth $88,000.

JPMorgan BetaBuilders U.S. Equity ETF Trading Up 0.3%

BATS BBUS opened at $129.92 on Friday. The company has a fifty day simple moving average of $122.36 and a two-hundred day simple moving average of $122.97. The stock has a market cap of $5.82 billion, a P/E ratio of 25.39 and a beta of 1.02. JPMorgan BetaBuilders U.S. Equity ETF has a 12-month low of $100.60 and a 12-month high of $130.65.

JPMorgan 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.