JPMorgan BetaBuilders U.S. Equity ETF $BBUS Stock Position Raised by MN Wealth Advisors LLC

MN Wealth Advisors LLC boosted its position in JPMorgan BetaBuilders U.S. Equity ETF (BATS:BBUS) by 6.8% in the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 314,829 shares of the company’s stock after purchasing an additional 20,094 shares during the period. JPMorgan BetaBuilders U.S. Equity ETF comprises 17.6% of MN Wealth Advisors LLC’s investment portfolio, making the stock its biggest position. MN Wealth Advisors LLC owned approximately 0.70% of JPMorgan BetaBuilders U.S. Equity ETF worth $43,314,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently bought and sold shares of BBUS. Envestnet Asset Management Inc. raised its stake in shares of JPMorgan BetaBuilders U.S. Equity ETF by 11.8% during the 2nd quarter. Envestnet Asset Management Inc. now owns 2,283,889 shares of the company’s stock worth $307,217,000 after buying an additional 240,305 shares during the last quarter. Integrated Wealth Concepts LLC boosted its position in shares of JPMorgan BetaBuilders U.S. Equity ETF by 11.4% in the 2nd quarter. Integrated Wealth Concepts LLC now owns 625,345 shares of the company’s stock worth $83,468,000 after buying an additional 64,228 shares in the last quarter. Assetmark Inc. boosted its position in shares of JPMorgan BetaBuilders U.S. Equity ETF by 2.7% in the 1st quarter. Assetmark Inc. now owns 570,248 shares of the company’s stock worth $66,822,000 after buying an additional 14,870 shares in the last quarter. Cetera Investment Advisers grew its stake in JPMorgan BetaBuilders U.S. Equity ETF by 5.5% in the 1st quarter. Cetera Investment Advisers now owns 530,183 shares of the company’s stock valued at $62,126,000 after acquiring an additional 27,406 shares during the last quarter. Finally, Gradient Investments LLC grew its stake in JPMorgan BetaBuilders U.S. Equity ETF by 1.0% in the 2nd quarter. Gradient Investments LLC now owns 148,653 shares of the company’s stock valued at $20,027,000 after acquiring an additional 1,415 shares during the last quarter.

JPMorgan BetaBuilders U.S. Equity ETF Trading Down 0.7%

Shares of BATS BBUS opened at $137.03 on Friday. The company’s 50-day moving average price is $138.56 and its 200 day moving average price is $134.87. JPMorgan BetaBuilders U.S. Equity ETF has a 52 week low of $113.43 and a 52 week high of $141.25. The stock has a market cap of $6.14 billion, a price-to-earnings ratio of 25.39 and a beta of 1.02.

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.