Gladstone Institutional Advisory LLC Acquires 744 Shares of JP Morgan BetaBuilders U.S. Equity ETF (BATS:BBUS)

Gladstone Institutional Advisory LLC raised its holdings in shares of JP Morgan BetaBuilders U.S. Equity ETF (BATS:BBUS) by 13.6% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 6,227 shares of the company’s stock after purchasing an additional 744 shares during the period. Gladstone Institutional Advisory LLC’s holdings in JP Morgan BetaBuilders U.S. Equity ETF were worth $660,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also modified their holdings of the company. Adirondack Trust Co. purchased a new stake in JP Morgan BetaBuilders U.S. Equity ETF during the 4th quarter valued at $55,000. Blue Trust Inc. purchased a new stake in JP Morgan BetaBuilders U.S. Equity ETF during the fourth quarter valued at $76,000. Golden State Wealth Management LLC bought a new position in JP Morgan BetaBuilders U.S. Equity ETF in the fourth quarter valued at about $186,000. Moors & Cabot Inc. purchased a new position in JP Morgan BetaBuilders U.S. Equity ETF in the third quarter worth about $206,000. Finally, Grimes & Company Inc. bought a new stake in shares of JP Morgan BetaBuilders U.S. Equity ETF during the 4th quarter valued at about $232,000.

JP Morgan BetaBuilders U.S. Equity ETF Stock Up 4.9 %

BATS BBUS opened at $110.51 on Friday. The company’s 50 day simple moving average is $108.32 and its 200-day simple moving average is $104.82. The stock has a market cap of $3.77 billion, a price-to-earnings ratio of 25.65 and a beta of 1.02.

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.