JPMorgan BetaBuilders U.S. Mid Cap Equity ETF (NYSEARCA:BBMC) Sees Large Volume Increase – Should You Buy?

JPMorgan BetaBuilders U.S. Mid Cap Equity ETF (NYSEARCA:BBMCGet Free Report) saw unusually-strong trading volume on Friday . Approximately 56,417 shares changed hands during trading, an increase of 4% from the previous session’s volume of 54,456 shares.The stock last traded at $109.41 and had previously closed at $112.11.

JPMorgan BetaBuilders U.S. Mid Cap Equity ETF Stock Down 2.2%

The business’s 50 day moving average is $112.94 and its 200 day moving average is $107.78. The company has a market cap of $1.91 billion, a P/E ratio of 18.31 and a beta of 1.12.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Kestra Advisory Services LLC purchased a new stake in shares of JPMorgan BetaBuilders U.S. Mid Cap Equity ETF during the fourth quarter worth $106,000. Elevation Wealth Management LLC purchased a new position in shares of JPMorgan BetaBuilders U.S. Mid Cap Equity ETF in the fourth quarter worth about $560,000. Jane Street Group LLC acquired a new position in JPMorgan BetaBuilders U.S. Mid Cap Equity ETF during the fourth quarter worth about $2,212,000. LPL Financial LLC grew its stake in JPMorgan BetaBuilders U.S. Mid Cap Equity ETF by 2.2% during the 4th quarter. LPL Financial LLC now owns 28,925 shares of the company’s stock valued at $3,084,000 after acquiring an additional 634 shares in the last quarter. Finally, MGO One Seven LLC grew its stake in JPMorgan BetaBuilders U.S. Mid Cap Equity ETF by 11.4% during the 4th quarter. MGO One Seven LLC now owns 7,589 shares of the company’s stock valued at $809,000 after acquiring an additional 777 shares in the last quarter.

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

(Get Free Report)

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.

Featured Articles

Receive News & Ratings for JPMorgan BetaBuilders U.S. Mid Cap Equity ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for JPMorgan BetaBuilders U.S. Mid Cap Equity ETF and related companies with MarketBeat.com's FREE daily email newsletter.