Schmidt P J Investment Management Inc. Acquires 4,640 Shares of JP Morgan BetaBuilders U.S. Equity ETF (BATS:BBUS)

Schmidt P J Investment Management Inc. boosted its holdings in JP Morgan BetaBuilders U.S. Equity ETF (BATS:BBUS) by 6.5% during the third quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 76,284 shares of the company’s stock after acquiring an additional 4,640 shares during the quarter. JP Morgan BetaBuilders U.S. Equity ETF accounts for about 1.4% of Schmidt P J Investment Management Inc.’s investment portfolio, making the stock its 20th largest position. Schmidt P J Investment Management Inc. owned 0.22% of JP Morgan BetaBuilders U.S. Equity ETF worth $7,901,000 as of its most recent SEC filing.

A number of other institutional investors have also added to or reduced their stakes in the business. Lake Street Private Wealth LLC increased its stake in JP Morgan BetaBuilders U.S. Equity ETF by 18.5% in the 3rd quarter. Lake Street Private Wealth LLC now owns 42,086 shares of the company’s stock worth $4,359,000 after acquiring an additional 6,585 shares during the last quarter. Private Advisor Group LLC raised its holdings in shares of JP Morgan BetaBuilders U.S. Equity ETF by 70.6% during the 3rd quarter. Private Advisor Group LLC now owns 57,906 shares of the company’s stock valued at $5,998,000 after buying an additional 23,963 shares in the last quarter. Global Retirement Partners LLC raised its holdings in shares of JP Morgan BetaBuilders U.S. Equity ETF by 18.5% during the 3rd quarter. Global Retirement Partners LLC now owns 3,639 shares of the company’s stock valued at $377,000 after buying an additional 569 shares in the last quarter. Good Life Advisors LLC raised its holdings in shares of JP Morgan BetaBuilders U.S. Equity ETF by 20.4% during the 3rd quarter. Good Life Advisors LLC now owns 6,935 shares of the company’s stock valued at $718,000 after buying an additional 1,174 shares in the last quarter. Finally, Perigon Wealth Management LLC raised its holdings in shares of JP Morgan BetaBuilders U.S. Equity ETF by 9.9% during the 3rd quarter. Perigon Wealth Management LLC now owns 366,095 shares of the company’s stock valued at $37,920,000 after buying an additional 33,043 shares in the last quarter.

JP Morgan BetaBuilders U.S. Equity ETF Trading Up 0.3 %

Shares of BATS BBUS opened at $104.64 on Friday. The stock has a market cap of $3.57 billion, a PE ratio of 25.65 and a beta of 1.02. The firm’s fifty day moving average price is $102.29 and its 200-day moving average price is $98.20.

About JP Morgan BetaBuilders U.S. Equity ETF

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.