von Borstel & Associates Inc. Takes $6.15 Million Position in JPMorgan BetaBuilders U.S. Equity ETF $BBUS

von Borstel & Associates Inc. purchased a new position in JPMorgan BetaBuilders U.S. Equity ETF (BATS:BBUS) during the 3rd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund purchased 49,831 shares of the company’s stock, valued at approximately $6,148,000. JPMorgan BetaBuilders U.S. Equity ETF makes up about 0.9% of von Borstel & Associates Inc.’s portfolio, making the stock its 21st biggest holding.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Arkadios Wealth Advisors purchased a new position in shares of JPMorgan BetaBuilders U.S. Equity ETF during the 3rd quarter valued at approximately $591,000. CWM LLC increased its stake in shares of JPMorgan BetaBuilders U.S. Equity ETF by 18.6% in the third quarter. CWM LLC now owns 142,002 shares of the company’s stock worth $17,134,000 after buying an additional 22,281 shares during the last quarter. Ascent Group LLC increased its stake in shares of JPMorgan BetaBuilders U.S. Equity ETF by 92.4% in the third quarter. Ascent Group LLC now owns 87,039 shares of the company’s stock worth $10,502,000 after buying an additional 41,791 shares during the last quarter. Aptus Capital Advisors LLC boosted its stake in JPMorgan BetaBuilders U.S. Equity ETF by 11.6% during the 3rd quarter. Aptus Capital Advisors LLC now owns 61,663 shares of the company’s stock valued at $7,440,000 after acquiring an additional 6,393 shares during the last quarter. Finally, 5T Wealth LLC grew its holdings in JPMorgan BetaBuilders U.S. Equity ETF by 15.3% during the 3rd quarter. 5T Wealth LLC now owns 116,210 shares of the company’s stock worth $14,022,000 after acquiring an additional 15,431 shares in the last quarter.

JPMorgan BetaBuilders U.S. Equity ETF Stock Performance

BBUS opened at $119.33 on Friday. The company has a market capitalization of $5.35 billion, a P/E ratio of 25.39 and a beta of 1.02. The company has a 50-day moving average of $123.87 and a 200-day moving average of $122.27. JPMorgan BetaBuilders U.S. Equity ETF has a 1-year low of $86.94 and a 1-year high of $126.08.

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.