JPMorgan BetaBuilders U.S. Equity ETF (BATS:BBUS) Short Interest Down 62.5% in April

JPMorgan BetaBuilders U.S. Equity ETF (BATS:BBUS) was the recipient of a significant drop in short interest during the month of April. As of April 30th, there was short interest totaling 39,911 shares, a drop of 62.5% from the April 15th total of 106,532 shares. Based on an average trading volume of 212,465 shares, the short-interest ratio is currently 0.2 days. Currently, 0.1% of the shares of the company are sold short.

Hedge Funds Weigh In On JPMorgan BetaBuilders U.S. Equity ETF

A number of large investors have recently bought and sold shares of BBUS. National Mutual Insurance Federation of Agricultural Cooperatives lifted its holdings in JPMorgan BetaBuilders U.S. Equity ETF by 175.4% in the fourth quarter. National Mutual Insurance Federation of Agricultural Cooperatives now owns 1,275,000 shares of the company’s stock worth $157,220,000 after acquiring an additional 812,000 shares during the last quarter. Morgan Stanley raised its holdings in shares of JPMorgan BetaBuilders U.S. Equity ETF by 25.5% during the fourth quarter. Morgan Stanley now owns 2,861,481 shares of the company’s stock valued at $352,849,000 after buying an additional 580,931 shares during the last quarter. JPMorgan Chase & Co. raised its holdings in shares of JPMorgan BetaBuilders U.S. Equity ETF by 14.0% during the third quarter. JPMorgan Chase & Co. now owns 4,246,186 shares of the company’s stock valued at $512,345,000 after buying an additional 521,394 shares during the last quarter. Integrated Wealth Concepts LLC raised its holdings in shares of JPMorgan BetaBuilders U.S. Equity ETF by 414.9% during the third quarter. Integrated Wealth Concepts LLC now owns 514,497 shares of the company’s stock valued at $62,079,000 after buying an additional 414,580 shares during the last quarter. Finally, Robertson Stephens Wealth Management LLC raised its holdings in shares of JPMorgan BetaBuilders U.S. Equity ETF by 70.2% during the fourth quarter. Robertson Stephens Wealth Management LLC now owns 791,483 shares of the company’s stock valued at $97,598,000 after buying an additional 326,521 shares during the last quarter.

JPMorgan BetaBuilders U.S. Equity ETF Stock Down 1.2%

Shares of BATS BBUS opened at $133.07 on Friday. The firm’s 50-day moving average price is $123.99 and its two-hundred day moving average price is $123.72. JPMorgan BetaBuilders U.S. Equity ETF has a 52-week low of $104.20 and a 52-week high of $134.98. The stock has a market capitalization of $5.96 billion, a P/E ratio of 25.39 and a beta of 1.02.

JPMorgan BetaBuilders U.S. Equity ETF Company 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.