JPMorgan BetaBuilders U.S. Equity ETF (BATS:BBUS) Sets New 12-Month High – Time to Buy?

JPMorgan BetaBuilders U.S. Equity ETF (BATS:BBUS)’s stock price hit a new 52-week high during trading on Tuesday . The company traded as high as $135.19 and last traded at $135.06, with a volume of 4856 shares. The stock had previously closed at $134.38.

JPMorgan BetaBuilders U.S. Equity ETF Stock Performance

The stock has a market capitalization of $6.06 billion, a P/E ratio of 25.39 and a beta of 1.02. The business’s fifty day moving average price is $126.01 and its two-hundred day moving average price is $124.32.

Institutional Trading of JPMorgan BetaBuilders U.S. Equity ETF

Several large investors have recently added to or reduced their stakes in BBUS. Hoey Investments Inc. purchased a new position in shares of JPMorgan BetaBuilders U.S. Equity ETF in the fourth quarter worth about $25,000. Smartleaf Asset Management LLC purchased a new stake in JPMorgan BetaBuilders U.S. Equity ETF in the second quarter valued at approximately $32,000. US Bancorp DE acquired a new position in JPMorgan BetaBuilders U.S. Equity ETF in the 3rd quarter worth approximately $43,000. NewEdge Advisors LLC increased its holdings in JPMorgan BetaBuilders U.S. Equity ETF by 462.8% in the 1st quarter. NewEdge Advisors LLC now owns 439 shares of the company’s stock worth $44,000 after buying an additional 361 shares during the period. Finally, IFC & Insurance Marketing Inc. purchased a new position in JPMorgan BetaBuilders U.S. Equity ETF during the 4th quarter worth approximately $49,000.

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.