Concourse Financial Group Securities Inc. Increases Holdings in JP Morgan BetaBuilders U.S. Equity ETF (BATS:BBUS)

Concourse Financial Group Securities Inc. lifted its holdings in JP Morgan BetaBuilders U.S. Equity ETF (BATS:BBUS) by 17.5% in the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 15,048 shares of the company’s stock after acquiring an additional 2,238 shares during the period. Concourse Financial Group Securities Inc.’s holdings in JP Morgan BetaBuilders U.S. Equity ETF were worth $1,652,000 at the end of the most recent reporting period.

Several other institutional investors have also recently made changes to their positions in the business. JPMorgan Chase & Co. grew its position in shares of JP Morgan BetaBuilders U.S. Equity ETF by 12.1% during the fourth quarter. JPMorgan Chase & Co. now owns 4,155,921 shares of the company’s stock valued at $440,195,000 after purchasing an additional 447,136 shares in the last quarter. LPL Financial LLC grew its holdings in JP Morgan BetaBuilders U.S. Equity ETF by 8.0% during the 4th quarter. LPL Financial LLC now owns 2,393,095 shares of the company’s stock valued at $253,477,000 after buying an additional 177,372 shares in the last quarter. Envestnet Asset Management Inc. increased its stake in JP Morgan BetaBuilders U.S. Equity ETF by 8.0% in the 4th quarter. Envestnet Asset Management Inc. now owns 1,261,043 shares of the company’s stock worth $133,570,000 after acquiring an additional 93,154 shares during the last quarter. Vestmark Advisory Solutions Inc. raised its holdings in shares of JP Morgan BetaBuilders U.S. Equity ETF by 9.7% during the 4th quarter. Vestmark Advisory Solutions Inc. now owns 1,209,249 shares of the company’s stock worth $128,084,000 after acquiring an additional 106,931 shares in the last quarter. Finally, Cornerstone Wealth Management LLC raised its holdings in shares of JP Morgan BetaBuilders U.S. Equity ETF by 4.2% during the 4th quarter. Cornerstone Wealth Management LLC now owns 705,569 shares of the company’s stock worth $74,734,000 after acquiring an additional 28,118 shares in the last quarter.

JP Morgan BetaBuilders U.S. Equity ETF Stock Performance

BBUS stock opened at $95.05 on Friday. The firm has a market cap of $4.03 billion, a PE ratio of 24.86 and a beta of 1.03. JP Morgan BetaBuilders U.S. Equity ETF has a fifty-two week low of $86.94 and a fifty-two week high of $111.04. The firm has a fifty day moving average price of $101.98 and a 200 day moving average price of $105.35.

JP Morgan 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.