Tower Research Capital LLC TRC Invests $58,000 in JP Morgan BetaBuilders U.S. Equity ETF (BATS:BBUS)

Tower Research Capital LLC TRC bought a new stake in JP Morgan BetaBuilders U.S. Equity ETF (BATS:BBUS) during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund bought 678 shares of the company’s stock, valued at approximately $58,000.

Several other institutional investors and hedge funds have also recently bought and sold shares of BBUS. Janney Montgomery Scott LLC lifted its position in JP Morgan BetaBuilders U.S. Equity ETF by 44.3% during the 4th quarter. Janney Montgomery Scott LLC now owns 1,193,360 shares of the company’s stock worth $102,497,000 after acquiring an additional 366,502 shares during the period. Envestnet Asset Management Inc. lifted its holdings in shares of JP Morgan BetaBuilders U.S. Equity ETF by 782.3% during the third quarter. Envestnet Asset Management Inc. now owns 370,216 shares of the company’s stock worth $28,536,000 after purchasing an additional 328,255 shares during the period. Vestmark Advisory Solutions Inc. grew its position in JP Morgan BetaBuilders U.S. Equity ETF by 53.5% in the 3rd quarter. Vestmark Advisory Solutions Inc. now owns 569,959 shares of the company’s stock valued at $43,932,000 after buying an additional 198,651 shares during the last quarter. LPL Financial LLC grew its position in JP Morgan BetaBuilders U.S. Equity ETF by 19.4% in the 3rd quarter. LPL Financial LLC now owns 924,666 shares of the company’s stock valued at $71,273,000 after buying an additional 149,967 shares during the last quarter. Finally, Assetmark Inc. increased its stake in JP Morgan BetaBuilders U.S. Equity ETF by 32.5% in the 3rd quarter. Assetmark Inc. now owns 563,119 shares of the company’s stock valued at $43,405,000 after buying an additional 138,127 shares during the period.

JP Morgan BetaBuilders U.S. Equity ETF Price Performance

BBUS traded up $0.33 during trading on Monday, reaching $92.12. The company’s stock had a trading volume of 102,262 shares. The firm has a 50-day moving average of $92.41 and a two-hundred day moving average of $86.70. The company has a market capitalization of $3.09 billion, a P/E ratio of 25.67 and a beta of 1.02.

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.