Concourse Financial Group Securities Inc. Raises 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% during the fourth quarter, Holdings Channel reports. The institutional investor owned 15,048 shares of the company’s stock after purchasing an additional 2,238 shares during the quarter. 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.

Other institutional investors have also recently modified their holdings of the company. Florida Financial Advisors LLC boosted its stake in shares of JP Morgan BetaBuilders U.S. Equity ETF by 1.3% during the 4th quarter. Florida Financial Advisors LLC now owns 117,308 shares of the company’s stock worth $12,425,000 after acquiring an additional 1,469 shares in the last quarter. National Mutual Insurance Federation of Agricultural Cooperatives purchased a new stake in JP Morgan BetaBuilders U.S. Equity ETF during the fourth quarter worth $49,041,000. FMR LLC grew its holdings in JP Morgan BetaBuilders U.S. Equity ETF by 31.7% in the third quarter. FMR LLC now owns 2,654 shares of the company’s stock valued at $275,000 after purchasing an additional 639 shares during the last quarter. Wealth Enhancement Advisory Services LLC grew its holdings in JP Morgan BetaBuilders U.S. Equity ETF by 7.4% in the fourth quarter. Wealth Enhancement Advisory Services LLC now owns 9,936 shares of the company’s stock valued at $1,029,000 after purchasing an additional 683 shares during the last quarter. Finally, JPMorgan Chase & Co. increased its position in shares of JP Morgan BetaBuilders U.S. Equity ETF by 26.6% in the third quarter. JPMorgan Chase & Co. now owns 3,708,785 shares of the company’s stock valued at $384,156,000 after buying an additional 779,783 shares in the last quarter.

JP Morgan BetaBuilders U.S. Equity ETF Stock Down 9.8 %

BATS:BBUS opened at $95.05 on Friday. The company has a market capitalization 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 52-week low of $86.94 and a 52-week high of $111.04. The stock has a fifty day simple moving average of $101.98 and a 200-day simple moving average 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.