Flagstar Advisors Inc. Makes New Investment in JP Morgan BetaBuilders U.S. Equity ETF (BATS:BBUS)

Flagstar Advisors Inc. acquired a new position in shares of JP Morgan BetaBuilders U.S. Equity ETF (BATS:BBUS) during the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund acquired 2,268 shares of the company’s stock, valued at approximately $235,000.

A number of other large investors have also made changes to their positions in BBUS. UMB Bank n.a. acquired a new position in shares of JP Morgan BetaBuilders U.S. Equity ETF in the 2nd quarter worth approximately $29,000. LGT Financial Advisors LLC raised its stake in JP Morgan BetaBuilders U.S. Equity ETF by 62.1% during the second quarter. LGT Financial Advisors LLC now owns 650 shares of the company’s stock worth $64,000 after acquiring an additional 249 shares in the last quarter. Northwestern Mutual Wealth Management Co. lifted its holdings in shares of JP Morgan BetaBuilders U.S. Equity ETF by 291.3% during the second quarter. Northwestern Mutual Wealth Management Co. now owns 994 shares of the company’s stock valued at $98,000 after acquiring an additional 740 shares during the period. Ridgewood Investments LLC acquired a new stake in shares of JP Morgan BetaBuilders U.S. Equity ETF in the 2nd quarter valued at $113,000. Finally, Moors & Cabot Inc. bought a new stake in shares of JP Morgan BetaBuilders U.S. Equity ETF in the 3rd quarter worth about $206,000.

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

Shares of JP Morgan BetaBuilders U.S. Equity ETF stock opened at $107.85 on Friday. The firm has a market cap of $3.68 billion, a PE ratio of 25.65 and a beta of 1.02. The stock’s 50-day moving average price is $104.69 and its 200-day moving average price is $100.31.

JP Morgan 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.