Raymond James Financial Inc. Invests $27.60 Million in JP Morgan BetaBuilders U.S. Equity ETF (BATS:BBUS)

Raymond James Financial Inc. acquired a new position in shares of JP Morgan BetaBuilders U.S. Equity ETF (BATS:BBUS – Free Report) during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund acquired 260,557 shares of the company’s stock, valued at approximately $27,598,000.

Several other institutional investors also recently modified their holdings of BBUS. Drive Wealth Management LLC acquired a new position in shares of JP Morgan BetaBuilders U.S. Equity ETF during the 3rd quarter worth about $1,059,000. Semus Wealth Partners LLC boosted its holdings in shares of JP Morgan BetaBuilders U.S. Equity ETF by 15.0% during the 3rd quarter. Semus Wealth Partners LLC now owns 5,985 shares of the company’s stock worth $620,000 after buying an additional 779 shares during the period. Fortis Advisors LLC boosted its holdings in shares of JP Morgan BetaBuilders U.S. Equity ETF by 167.7% during the 3rd quarter. Fortis Advisors LLC now owns 3,477 shares of the company’s stock worth $360,000 after buying an additional 2,178 shares during the period. Moors & Cabot Inc. bought a new stake in shares of JP Morgan BetaBuilders U.S. Equity ETF during the 3rd quarter worth about $206,000. Finally, LPL Financial LLC boosted its holdings in shares of JP Morgan BetaBuilders U.S. Equity ETF by 31.9% during the 3rd quarter. LPL Financial LLC now owns 2,215,723 shares of the company’s stock worth $229,505,000 after buying an additional 536,068 shares during the period.

JP Morgan BetaBuilders U.S. Equity ETF Stock Down 3.5 %

BATS BBUS opened at $101.69 on Friday. The company has a market capitalization of $4.12 billion, a P/E ratio of 26.75 and a beta of 1.03. JP Morgan BetaBuilders U.S. Equity ETF has a 12-month low of $89.17 and a 12-month high of $111.04. The firm has a 50-day moving average price of $107.36 and a two-hundred day moving average price of $105.96.

About JP Morgan BetaBuilders U.S. Equity ETF

(Free Report)

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.

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