Adirondack Trust Co. Grows Position in JPMorgan BetaBuilders U.S. Equity ETF (BATS:BBUS)

Adirondack Trust Co. raised its position in shares of JPMorgan BetaBuilders U.S. Equity ETF (BATS:BBUS) by 353.9% in the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 2,342 shares of the company’s stock after buying an additional 1,826 shares during the quarter. Adirondack Trust Co.’s holdings in JPMorgan BetaBuilders U.S. Equity ETF were worth $236,000 as of its most recent SEC filing.

Other institutional investors have also added to or reduced their stakes in the company. JPMorgan Chase & Co. increased its position in shares of JPMorgan BetaBuilders U.S. Equity ETF by 12.1% during the 4th 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 during the last quarter. LPL Financial LLC increased its position in shares of JPMorgan 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 purchasing an additional 177,372 shares during the last quarter. Envestnet Asset Management Inc. increased its position in shares of JPMorgan BetaBuilders U.S. Equity ETF by 8.0% during the 4th quarter. Envestnet Asset Management Inc. now owns 1,261,043 shares of the company’s stock valued at $133,570,000 after purchasing an additional 93,154 shares during the last quarter. Vestmark Advisory Solutions Inc. increased its position in shares of JPMorgan 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 valued at $128,084,000 after purchasing an additional 106,931 shares during the last quarter. Finally, Wealthfront Advisers LLC increased its position in shares of JPMorgan BetaBuilders U.S. Equity ETF by 23,263.4% during the 4th quarter. Wealthfront Advisers LLC now owns 482,220 shares of the company’s stock valued at $51,077,000 after purchasing an additional 480,156 shares during the last quarter.

JPMorgan BetaBuilders U.S. Equity ETF Stock Performance

BATS BBUS opened at $106.43 on Thursday. The company has a market cap of $4.61 billion, a P/E ratio of 24.65 and a beta of 1.02. The business’s 50 day moving average price is $100.44 and its 200-day moving average price is $105.02. JPMorgan BetaBuilders U.S. Equity ETF has a fifty-two week low of $86.94 and a fifty-two week high of $111.04.

JPMorgan BetaBuilders U.S. Equity ETF 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.