260,557 Shares in JP Morgan BetaBuilders U.S. Equity ETF (BATS:BBUS) Acquired by Raymond James Financial Inc.

Raymond James Financial Inc. bought a new position in JP Morgan BetaBuilders U.S. Equity ETF (BATS:BBUS) during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The fund bought 260,557 shares of the company’s stock, valued at approximately $27,598,000. Raymond James Financial Inc. owned approximately 0.76% of JP Morgan BetaBuilders U.S. Equity ETF at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also made changes to their positions in BBUS. JPMorgan Chase & Co. raised its holdings in shares of JP Morgan BetaBuilders U.S. Equity ETF by 26.6% in the 3rd quarter. JPMorgan Chase & Co. now owns 3,708,785 shares of the company’s stock worth $384,156,000 after purchasing an additional 779,783 shares in the last quarter. LPL Financial LLC raised its holdings in shares of JP Morgan BetaBuilders U.S. Equity ETF by 31.9% in the 3rd quarter. LPL Financial LLC now owns 2,215,723 shares of the company’s stock worth $229,505,000 after purchasing an additional 536,068 shares in the last quarter. National Mutual Insurance Federation of Agricultural Cooperatives bought a new stake in shares of JP Morgan BetaBuilders U.S. Equity ETF in the 4th quarter worth approximately $49,041,000. Kelly Financial Group LLC bought a new stake in shares of JP Morgan BetaBuilders U.S. Equity ETF in the 4th quarter worth approximately $41,936,000. Finally, Strategic Financial Concepts LLC raised its holdings in shares of JP Morgan BetaBuilders U.S. Equity ETF by 12,184.1% in the 4th quarter. Strategic Financial Concepts LLC now owns 375,770 shares of the company’s stock worth $39,802,000 after purchasing an additional 372,711 shares in the last quarter.

JP Morgan BetaBuilders U.S. Equity ETF Price Performance

BATS BBUS opened at $101.69 on Friday. The company has a market capitalization of $4.12 billion, a P/E ratio of 26.75 and a beta of 1.03. JP Morgan BetaBuilders U.S. Equity ETF has a 12 month low of $89.17 and a 12 month high of $111.04. The company’s 50 day simple moving average is $107.36 and its 200 day simple moving average is $105.96.

About JP Morgan 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.