Moors & Cabot Inc. Buys New Stake in JP Morgan BetaBuilders U.S. Equity ETF (BATS:BBUS)

Moors & Cabot Inc. bought a new position in shares of JP Morgan BetaBuilders U.S. Equity ETF (BATS:BBUS) in the third quarter, HoldingsChannel.com reports. The firm bought 1,986 shares of the company’s stock, valued at approximately $206,000.

A number of other hedge funds also recently bought and sold shares of the company. Cetera Investment Advisers lifted its holdings in shares of JP Morgan BetaBuilders U.S. Equity ETF by 408.8% during the first quarter. Cetera Investment Advisers now owns 139,274 shares of the company’s stock worth $13,152,000 after buying an additional 111,903 shares during the last quarter. Cetera Advisors LLC boosted its holdings in JP Morgan BetaBuilders U.S. Equity ETF by 36.0% in the 1st quarter. Cetera Advisors LLC now owns 12,322 shares of the company’s stock valued at $1,164,000 after purchasing an additional 3,261 shares during the period. Transcend Capital Advisors LLC grew its position in JP Morgan BetaBuilders U.S. Equity ETF by 21.6% in the 2nd quarter. Transcend Capital Advisors LLC now owns 18,994 shares of the company’s stock worth $1,864,000 after purchasing an additional 3,372 shares during the last quarter. Kingswood Wealth Advisors LLC bought a new position in shares of JP Morgan BetaBuilders U.S. Equity ETF during the 2nd quarter worth about $299,000. Finally, Park Avenue Securities LLC raised its position in shares of JP Morgan BetaBuilders U.S. Equity ETF by 6.6% during the second quarter. Park Avenue Securities LLC now owns 106,218 shares of the company’s stock valued at $10,422,000 after buying an additional 6,559 shares during the last quarter.

JP Morgan BetaBuilders U.S. Equity ETF Trading Up 0.3 %

BBUS stock opened at $107.85 on Monday. The firm has a market capitalization of $3.68 billion, a P/E ratio of 25.65 and a beta of 1.02. The business’s fifty day moving average price is $104.69 and its 200-day moving average price is $100.41.

JP Morgan 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.