JPMorgan BetaBuilders U.S. Equity ETF (BATS:BBUS – Get Free Report) was the recipient of a large decline in short interest in the month of July. As of July 31st, there was short interest totaling 201,576 shares, a decline of 76.2% from the July 15th total of 845,277 shares. Approximately 0.4% of the company’s shares are sold short. Based on an average daily volume of 198,649 shares, the days-to-cover ratio is currently 1.0 days.
JPMorgan BetaBuilders U.S. Equity ETF Stock Performance
BATS:BBUS opened at $140.40 on Friday. The stock’s fifty day moving average is $134.90 and its 200 day moving average is $128.93. JPMorgan BetaBuilders U.S. Equity ETF has a fifty-two week low of $113.43 and a fifty-two week high of $140.70. The firm has a market capitalization of $6.29 billion, a PE ratio of 25.39 and a beta of 1.02.
Institutional Inflows and Outflows
A number of hedge funds have recently bought and sold shares of the company. Hoey Investments Inc. bought a new stake in shares of JPMorgan BetaBuilders U.S. Equity ETF in the 4th quarter worth about $25,000. Smartleaf Asset Management LLC bought a new position in JPMorgan BetaBuilders U.S. Equity ETF during the 2nd quarter valued at about $32,000. US Bancorp DE purchased a new stake in JPMorgan BetaBuilders U.S. Equity ETF in the 3rd quarter worth about $43,000. NewEdge Advisors LLC raised its position in JPMorgan BetaBuilders U.S. Equity ETF by 462.8% in the 1st quarter. NewEdge Advisors LLC now owns 439 shares of the company’s stock worth $44,000 after purchasing an additional 361 shares during the period. Finally, IFC & Insurance Marketing Inc. bought a new stake in JPMorgan BetaBuilders U.S. Equity ETF in the fourth quarter worth about $49,000.
About JPMorgan BetaBuilders U.S. Equity ETF
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.
See Also
- Five stocks we like better than JPMorgan BetaBuilders U.S. Equity ETF
- Asian Market Circuit Breakers Hit Stocks, Not AI Demand
- Riot Platforms Re-Wires the Ledger for a $9B AI Power Play
- Nebius Just Exploded 34% on Blowout Earnings—Is It Time to Buy?
- Joby’s Defense Pivot Accelerates With $500M Resonant Sciences Deal
Receive News & Ratings for JPMorgan BetaBuilders U.S. Equity ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for JPMorgan BetaBuilders U.S. Equity ETF and related companies with MarketBeat.com's FREE daily email newsletter.
