JPMorgan BetaBuilders U.S. Mid Cap Equity ETF (NYSEARCA:BBMC) Sees Strong Trading Volume – What’s Next?

JPMorgan BetaBuilders U.S. Mid Cap Equity ETF (NYSEARCA:BBMC) saw unusually-high trading volume on Tuesday . Approximately 26,119 shares traded hands during trading, an increase of 19% from the previous session’s volume of 22,031 shares.The stock last traded at $112.6850 and had previously closed at $112.31.

JPMorgan BetaBuilders U.S. Mid Cap Equity ETF Stock Up 0.2%

The company has a market capitalization of $1.91 billion, a PE ratio of 18.31 and a beta of 1.12. The company has a 50-day moving average price of $106.75 and a two-hundred day moving average price of $103.93.

Hedge Funds Weigh In On JPMorgan BetaBuilders U.S. Mid Cap Equity ETF

A number of large investors have recently modified their holdings of BBMC. Geneos Wealth Management Inc. grew its stake in JPMorgan BetaBuilders U.S. Mid Cap Equity ETF by 26.5% during the first quarter. Geneos Wealth Management Inc. now owns 1,260 shares of the company’s stock valued at $114,000 after acquiring an additional 264 shares in the last quarter. Raymond James Financial Inc. bought a new position in JPMorgan BetaBuilders U.S. Mid Cap Equity ETF in the 2nd quarter valued at $144,000. Thrive Wealth Management LLC purchased a new position in shares of JPMorgan BetaBuilders U.S. Mid Cap Equity ETF during the 2nd quarter valued at $216,000. Steward Partners Investment Advisory LLC grew its position in shares of JPMorgan BetaBuilders U.S. Mid Cap Equity ETF by 8.2% during the 2nd quarter. Steward Partners Investment Advisory LLC now owns 3,207 shares of the company’s stock valued at $313,000 after purchasing an additional 243 shares in the last quarter. Finally, Ascent Group LLC increased its holdings in shares of JPMorgan BetaBuilders U.S. Mid Cap Equity ETF by 13.0% in the third quarter. Ascent Group LLC now owns 3,171 shares of the company’s stock worth $330,000 after purchasing an additional 364 shares during the period.

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

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.