JPMorgan BetaBuilders U.S. Small Cap Equity ETF (NYSEARCA:BBSC) Trading Down 0.1%

JPMorgan BetaBuilders U.S. Small Cap Equity ETF (NYSEARCA:BBSC)’s share price was down 0.1% during mid-day trading on Thursday . The stock traded as low as $57.36 and last traded at $57.47. Approximately 2,213 shares were traded during trading, a decline of 97% from the average daily volume of 76,928 shares. The stock had previously closed at $57.55.

JPMorgan BetaBuilders U.S. Small Cap Equity ETF Stock Performance

The firm has a fifty day simple moving average of $60.85 and a 200-day simple moving average of $57.60. The firm has a market cap of $439.66 million, a price-to-earnings ratio of 11.16 and a beta of 1.29.

Institutional Investors Weigh In On JPMorgan BetaBuilders U.S. Small Cap Equity ETF

Hedge funds have recently added to or reduced their stakes in the business. JPMorgan Chase & Co. increased its position in JPMorgan BetaBuilders U.S. Small Cap Equity ETF by 33.0% during the 1st quarter. JPMorgan Chase & Co. now owns 11,704,459 shares of the company’s stock worth $635,318,000 after buying an additional 2,905,508 shares during the period. LPL Financial LLC increased its position in JPMorgan BetaBuilders U.S. Small Cap Equity ETF by 3,618.6% during the 3rd quarter. LPL Financial LLC now owns 161,239 shares of the company’s stock worth $8,613,000 after buying an additional 156,903 shares during the period. Envestnet Asset Management Inc. bought a new position in JPMorgan BetaBuilders U.S. Small Cap Equity ETF during the 3rd quarter worth $3,677,000. Assetmark Inc. increased its position in JPMorgan BetaBuilders U.S. Small Cap Equity ETF by 532,633.3% during the 3rd quarter. Assetmark Inc. now owns 63,928 shares of the company’s stock worth $3,415,000 after buying an additional 63,916 shares during the period. Finally, Janney Montgomery Scott LLC increased its position in JPMorgan BetaBuilders U.S. Small Cap Equity ETF by 474.6% during the 3rd quarter. Janney Montgomery Scott LLC now owns 66,638 shares of the company’s stock worth $3,560,000 after buying an additional 55,041 shares during the period.

JPMorgan BetaBuilders U.S. Small Cap Equity ETF Company Profile

The JPMorgan BetaBuilders U.S. Small Cap Equity ETF (BBSC) is an exchange-traded fund that mostly invests in small-cap stocks. The fund tracks a market-cap-weighted index of US small cap companies. BBSC was launched on Nov 16, 2020 and is managed by JPMorgan Chase.