Gateway Wealth Partners LLC boosted its stake in JPMorgan BetaBuilders U.S. Equity ETF (BATS:BBUS – Free Report) by 140.6% in the first quarter, Holdings Channel reports. The institutional investor owned 44,536 shares of the company’s stock after acquiring an additional 26,022 shares during the quarter. Gateway Wealth Partners LLC’s holdings in JPMorgan BetaBuilders U.S. Equity ETF were worth $5,219,000 as of its most recent SEC filing.
Several other institutional investors and hedge funds have also modified their holdings of the stock. Hoey Investments Inc. acquired a new position in shares of JPMorgan BetaBuilders U.S. Equity ETF in the fourth quarter worth $25,000. Smartleaf Asset Management LLC acquired a new stake in JPMorgan BetaBuilders U.S. Equity ETF during the second quarter valued at $32,000. US Bancorp DE acquired a new stake in JPMorgan BetaBuilders U.S. Equity ETF during the third quarter valued at $43,000. NewEdge Advisors LLC grew its stake 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 in the last quarter. Finally, IFC & Insurance Marketing Inc. purchased a new position in JPMorgan BetaBuilders U.S. Equity ETF in the fourth quarter valued at about $49,000.
JPMorgan BetaBuilders U.S. Equity ETF Price Performance
Shares of BBUS stock opened at $133.10 on Monday. JPMorgan BetaBuilders U.S. Equity ETF has a fifty-two week low of $112.19 and a fifty-two week high of $137.20. The stock’s 50-day moving average is $134.37 and its two-hundred day moving average is $127.73. The firm has a market cap 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.
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