JPMorgan BetaBuilders U.S. Equity ETF (BATS:BBUS) Sets New 12-Month High – Here’s What Happened
by Teresa Graham · The Cerbat GemJPMorgan BetaBuilders U.S. Equity ETF (BATS:BBUS – Get Free Report)’s stock price hit a new 52-week high during mid-day trading on Wednesday . The stock traded as high as $126.21 and last traded at $126.20, with a volume of 168467 shares changing hands. The stock had previously closed at $125.11.
JPMorgan BetaBuilders U.S. Equity ETF Price Performance
The company has a 50-day moving average price of $121.47 and a 200-day moving average price of $122.46. The firm has a market capitalization of $5.73 billion, a PE ratio of 25.39 and a beta of 1.02.
Institutional Trading of JPMorgan BetaBuilders U.S. Equity ETF
Several institutional investors and hedge funds have recently made changes to their positions in the stock. National Mutual Insurance Federation of Agricultural Cooperatives lifted its position in JPMorgan BetaBuilders U.S. Equity ETF by 175.4% during the fourth quarter. National Mutual Insurance Federation of Agricultural Cooperatives now owns 1,275,000 shares of the company’s stock worth $157,220,000 after buying an additional 812,000 shares during the period. Morgan Stanley lifted its position in JPMorgan BetaBuilders U.S. Equity ETF by 25.5% during the fourth quarter. Morgan Stanley now owns 2,861,481 shares of the company’s stock worth $352,849,000 after buying an additional 580,931 shares during the period. JPMorgan Chase & Co. lifted its position in JPMorgan BetaBuilders U.S. Equity ETF by 14.0% during the third quarter. JPMorgan Chase & Co. now owns 4,246,186 shares of the company’s stock worth $512,345,000 after buying an additional 521,394 shares during the period. Integrated Wealth Concepts LLC grew its stake in shares of JPMorgan BetaBuilders U.S. Equity ETF by 414.9% in the third quarter. Integrated Wealth Concepts LLC now owns 514,497 shares of the company’s stock valued at $62,079,000 after buying an additional 414,580 shares in the last quarter. Finally, Robertson Stephens Wealth Management LLC raised its position in shares of JPMorgan BetaBuilders U.S. Equity ETF by 70.2% in the 4th quarter. Robertson Stephens Wealth Management LLC now owns 791,483 shares of the company’s stock valued at $97,598,000 after purchasing an additional 326,521 shares in the last quarter.
About JPMorgan 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.