B. Riley Wealth Advisors Inc. Buys Shares of 6,434 JP Morgan BetaBuilders U.S. Equity ETF (BATS:BBUS)

B. Riley Wealth Advisors Inc. bought a new stake in shares of JP Morgan BetaBuilders U.S. Equity ETF (BATS:BBUS) in the 2nd quarter, according to the company in its most recent filing with the SEC. The fund bought 6,434 shares of the company’s stock, valued at approximately $631,000.

Other institutional investors and hedge funds also recently made changes to their positions in the company. UMB Bank n.a. acquired a new position in shares of JP Morgan BetaBuilders U.S. Equity ETF in the 2nd quarter valued at $29,000. LGT Financial Advisors LLC grew its holdings in shares of JP Morgan BetaBuilders U.S. Equity ETF by 62.1% in the 2nd quarter. LGT Financial Advisors LLC now owns 650 shares of the company’s stock valued at $64,000 after buying an additional 249 shares during the period. Northwestern Mutual Wealth Management Co. grew its holdings in shares of JP Morgan BetaBuilders U.S. Equity ETF by 291.3% in the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 994 shares of the company’s stock valued at $98,000 after buying an additional 740 shares during the period. ICA Group Wealth Management LLC acquired a new position in shares of JP Morgan BetaBuilders U.S. Equity ETF in the 4th quarter valued at $102,000. Finally, Ridgewood Investments LLC acquired a new position in shares of JP Morgan BetaBuilders U.S. Equity ETF in the 2nd quarter valued at $113,000.

JP Morgan BetaBuilders U.S. Equity ETF Stock Up 0.9 %

Shares of BBUS stock opened at $103.42 on Friday. The firm has a market cap of $3.53 billion, a price-to-earnings ratio of 25.65 and a beta of 1.02. The company has a 50-day moving average price of $100.07 and a two-hundred day moving average price of $97.18.

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.