JPMorgan BetaBuilders U.S. Mid Cap Equity ETF (NYSEARCA:BBMC – Get Free Report) saw strong trading volume on Friday . 46,709 shares changed hands during mid-day trading, an increase of 36% from the previous session’s volume of 34,287 shares.The stock last traded at $93.76 and had previously closed at $94.45.
JPMorgan BetaBuilders U.S. Mid Cap Equity ETF Stock Performance
The stock has a market cap of $1.73 billion, a price-to-earnings ratio of 16.22 and a beta of 1.15. The business’s 50 day moving average is $90.48 and its 200-day moving average is $89.37.
Institutional Inflows and Outflows
Several hedge funds and other institutional investors have recently modified their holdings of the company. Geneos Wealth Management Inc. acquired a new position in JPMorgan BetaBuilders U.S. Mid Cap Equity ETF in the first quarter valued at approximately $58,000. SageView Advisory Group LLC purchased a new stake in shares of JPMorgan BetaBuilders U.S. Mid Cap Equity ETF in the first quarter valued at about $185,000. Sutton Place Investors LLC increased its position in JPMorgan BetaBuilders U.S. Mid Cap Equity ETF by 19.9% during the second quarter. Sutton Place Investors LLC now owns 2,755 shares of the company’s stock worth $242,000 after buying an additional 457 shares in the last quarter. Ascent Group LLC increased its position in JPMorgan BetaBuilders U.S. Mid Cap Equity ETF by 2.2% during the 1st quarter. Ascent Group LLC now owns 5,404 shares of the company’s stock worth $500,000 after purchasing an additional 116 shares in the last quarter. Finally, Janney Montgomery Scott LLC lifted its stake in shares of JPMorgan BetaBuilders U.S. Mid Cap Equity ETF by 38.4% during the first quarter. Janney Montgomery Scott LLC now owns 102,827 shares of the company’s stock valued at $9,506,000 after buying an additional 28,518 shares during the period.
About JPMorgan BetaBuilders U.S. Mid Cap Equity ETF
The JPMorgan BetaBuilders U.S. Mid Cap Equity ETF (BBMC) is an exchange-traded fund that mostly invests in mid cap equity. The fund tracks an index of US mid-cap equities, selected and weighted by market cap. BBMC was launched on Apr 14, 2020 and is managed by JPMorgan Chase.
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