JPMorgan BetaBuilders U.S. Mid Cap Equity ETF (NYSEARCA:BBMC – Get Free Report) shares hit a new 52-week high on Tuesday . The company traded as high as $128.88 and last traded at $128.86, with a volume of 2817 shares changing hands. The stock had previously closed at $128.44.
JPMorgan BetaBuilders U.S. Mid Cap Equity ETF Stock Up 0.3%
The firm has a market capitalization of $2.11 billion, a PE ratio of 18.31 and a beta of 1.08. The business’s 50-day moving average price is $125.19 and its 200-day moving average price is $118.56.
Institutional Investors Weigh In On JPMorgan BetaBuilders U.S. Mid Cap Equity ETF
Hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Royal Bank of Canada boosted its stake in shares of JPMorgan BetaBuilders U.S. Mid Cap Equity ETF by 31,628.6% during the 1st quarter. Royal Bank of Canada now owns 4,442 shares of the company’s stock valued at $400,000 after buying an additional 4,428 shares during the period. Goldman Sachs Group Inc. increased its stake in shares of JPMorgan BetaBuilders U.S. Mid Cap Equity ETF by 235.3% in the first quarter. Goldman Sachs Group Inc. now owns 15,340 shares of the company’s stock worth $1,382,000 after acquiring an additional 10,765 shares during the last quarter. Jane Street Group LLC purchased a new stake in shares of JPMorgan BetaBuilders U.S. Mid Cap Equity ETF during the first quarter worth $1,592,000. Raymond James Financial Inc. purchased a new stake in shares of JPMorgan BetaBuilders U.S. Mid Cap Equity ETF during the second quarter worth $144,000. Finally, Bank of America Corp DE boosted its position in JPMorgan BetaBuilders U.S. Mid Cap Equity ETF by 3.3% during the second quarter. Bank of America Corp DE now owns 6,721 shares of the company’s stock valued at $655,000 after purchasing an additional 216 shares during the last quarter.
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.
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