JPMorgan BetaBuilders U.S. Mid Cap Equity ETF (NYSEARCA:BBMC) Hits New 12-Month High – Here’s Why

Shares of JPMorgan BetaBuilders U.S. Mid Cap Equity ETF (NYSEARCA:BBMC) reached a new 52-week high on Friday . The company traded as high as $102.98 and last traded at $102.98, with a volume of 269 shares. The stock had previously closed at $101.94.

JPMorgan BetaBuilders U.S. Mid Cap Equity ETF Trading Up 1.2 %

The business has a 50 day moving average of $96.04 and a two-hundred day moving average of $91.69. The firm has a market cap of $1.90 billion, a P/E ratio of 16.22 and a beta of 1.15.

Institutional Inflows and Outflows

Large investors have recently bought and sold shares of the stock. Ascent Group LLC grew its position in shares of JPMorgan BetaBuilders U.S. Mid Cap Equity ETF by 2.2% in the first quarter. Ascent Group LLC now owns 5,404 shares of the company’s stock valued at $500,000 after purchasing an additional 116 shares during the last quarter. Sutton Place Investors LLC lifted its holdings in JPMorgan BetaBuilders U.S. Mid Cap Equity ETF by 19.9% during the 2nd quarter. Sutton Place Investors LLC now owns 2,755 shares of the company’s stock worth $242,000 after purchasing an additional 457 shares during the last quarter. Janney Montgomery Scott LLC boosted its stake in JPMorgan BetaBuilders U.S. Mid Cap Equity ETF by 11.9% in the 3rd quarter. Janney Montgomery Scott LLC now owns 140,109 shares of the company’s stock valued at $13,236,000 after purchasing an additional 14,899 shares during the period. Finally, Flow Traders U.S. LLC grew its holdings in JPMorgan BetaBuilders U.S. Mid Cap Equity ETF by 2,627.0% in the 1st quarter. Flow Traders U.S. LLC now owns 131,796 shares of the company’s stock valued at $12,185,000 after buying an additional 126,963 shares in the last quarter.

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.