JPMorgan BetaBuilders U.S. Equity ETF (BATS:BBUS) Sets New 52-Week High – Time to Buy?

Shares of JPMorgan BetaBuilders U.S. Equity ETF (BATS:BBUS) hit a new 52-week high on Thursday . The company traded as high as $128.46 and last traded at $128.45, with a volume of 39940 shares. The stock had previously closed at $128.29.

JPMorgan BetaBuilders U.S. Equity ETF Stock Down 0.6%

The stock has a fifty day moving average of $121.70 and a two-hundred day moving average of $122.66. The stock has a market cap of $5.71 billion, a price-to-earnings ratio of 25.39 and a beta of 1.02.

Institutional Trading of JPMorgan BetaBuilders U.S. Equity ETF

Several large investors have recently bought and sold shares of BBUS. Hoey Investments Inc. acquired a new stake in JPMorgan BetaBuilders U.S. Equity ETF in the fourth quarter valued at $25,000. Smartleaf Asset Management LLC acquired a new stake in JPMorgan BetaBuilders U.S. Equity ETF in the second quarter valued at $32,000. US Bancorp DE acquired a new stake in JPMorgan BetaBuilders U.S. Equity ETF in the third quarter valued at $43,000. NewEdge Advisors LLC grew its holdings in JPMorgan BetaBuilders U.S. Equity ETF by 462.8% in the first quarter. NewEdge Advisors LLC now owns 439 shares of the company’s stock valued at $44,000 after purchasing an additional 361 shares during the last quarter. Finally, IFC & Insurance Marketing Inc. acquired a new stake in JPMorgan BetaBuilders U.S. Equity ETF in the fourth quarter valued at $49,000.

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.