Firethorn Wealth Partners LLC Has $2.23 Million Position in JP Morgan BetaBuilders U.S. Equity ETF (BATS:BBUS)

Firethorn Wealth Partners LLC grew its stake in JP Morgan BetaBuilders U.S. Equity ETF (BATS:BBUS) by 1.5% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 21,047 shares of the company’s stock after purchasing an additional 304 shares during the period. JP Morgan BetaBuilders U.S. Equity ETF comprises approximately 1.1% of Firethorn Wealth Partners LLC’s investment portfolio, making the stock its 21st largest position. Firethorn Wealth Partners LLC owned 0.06% of JP Morgan BetaBuilders U.S. Equity ETF worth $2,229,000 as of its most recent SEC filing.

Several other hedge funds have also added to or reduced their stakes in BBUS. Adirondack Trust Co. bought a new position in JP Morgan BetaBuilders U.S. Equity ETF during the 4th quarter worth approximately $55,000. Northwestern Mutual Wealth Management Co. increased its stake 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 acquiring an additional 740 shares in the last quarter. Moors & Cabot Inc. bought a new stake in shares of JP Morgan BetaBuilders U.S. Equity ETF in the 3rd quarter valued at $206,000. Flagstar Advisors Inc. bought a new stake in shares of JP Morgan BetaBuilders U.S. Equity ETF in the 3rd quarter valued at $235,000. Finally, Family Asset Management LLC increased its stake in JP Morgan BetaBuilders U.S. Equity ETF by 23.3% during the 3rd quarter. Family Asset Management LLC now owns 2,527 shares of the company’s stock valued at $262,000 after purchasing an additional 478 shares in the last quarter.

JP Morgan BetaBuilders U.S. Equity ETF Stock Up 4.6 %

Shares of BBUS stock opened at $110.13 on Friday. The company has a market cap of $3.76 billion, a price-to-earnings ratio of 25.65 and a beta of 1.02. The company’s 50 day simple moving average is $107.96 and its two-hundred day simple moving average is $103.83.

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.