JP Morgan BetaBuilders U.S. Equity ETF (BATS:BBUS) Stake Reduced by GGM Financials LLC

GGM Financials LLC decreased its holdings in shares of JP Morgan BetaBuilders U.S. Equity ETF (BATS:BBUS) by 16.1% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 7,239 shares of the company’s stock after selling 1,388 shares during the period. JP Morgan BetaBuilders U.S. Equity ETF makes up 0.8% of GGM Financials LLC’s portfolio, making the stock its 23rd biggest holding. GGM Financials LLC’s holdings in JP Morgan BetaBuilders U.S. Equity ETF were worth $767,000 as of its most recent SEC filing.

Other hedge funds also recently made changes to their positions in the company. JPMorgan Chase & Co. lifted its stake in JP Morgan BetaBuilders U.S. Equity ETF by 26.6% during the third quarter. JPMorgan Chase & Co. now owns 3,708,785 shares of the company’s stock valued at $384,156,000 after purchasing an additional 779,783 shares during the last quarter. LPL Financial LLC lifted its position in shares of JP Morgan BetaBuilders U.S. Equity ETF by 31.9% during the 3rd quarter. LPL Financial LLC now owns 2,215,723 shares of the company’s stock valued at $229,505,000 after acquiring an additional 536,068 shares during the last quarter. Janney Montgomery Scott LLC lifted its position in shares of JP Morgan BetaBuilders U.S. Equity ETF by 26.8% during the 3rd quarter. Janney Montgomery Scott LLC now owns 2,523,154 shares of the company’s stock valued at $261,348,000 after acquiring an additional 533,266 shares during the last quarter. Kowal Investment Group LLC bought a new stake in shares of JP Morgan BetaBuilders U.S. Equity ETF during the 3rd quarter worth $51,329,000. Finally, Strategic Financial Concepts LLC grew 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 acquiring an additional 372,711 shares during the last quarter.

JP Morgan BetaBuilders U.S. Equity ETF Stock Performance

Shares of BATS BBUS opened at $108.89 on Monday. The stock has a market capitalization of $3.71 billion, a P/E ratio of 25.65 and a beta of 1.02. The company’s 50 day moving average is $108.31 and its two-hundred day moving average is $104.53.

JP Morgan 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.