JPMorgan BetaBuilders U.S. Mid Cap Equity ETF (NYSEARCA:BBMC) Sees Strong Trading Volume

Shares of JPMorgan BetaBuilders U.S. Mid Cap Equity ETF (NYSEARCA:BBMC) saw unusually-high trading volume on Friday . Approximately 118,439 shares traded hands during mid-day trading, an increase of 165% from the previous session’s volume of 44,613 shares.The stock last traded at $85.63 and had previously closed at $85.41.

JPMorgan BetaBuilders U.S. Mid Cap Equity ETF Stock Down 0.3 %

The company has a market cap of $1.57 billion, a P/E ratio of 15.95 and a beta of 1.15. The firm’s 50 day moving average is $88.87 and its two-hundred day moving average is $82.35.

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

Institutional investors have recently modified their holdings of the company. Janney Montgomery Scott LLC bought a new stake in shares of JPMorgan BetaBuilders U.S. Mid Cap Equity ETF in the 4th quarter valued at $6,294,000. Lincoln National Corp bought a new stake in JPMorgan BetaBuilders U.S. Mid Cap Equity ETF in the fourth quarter valued at $1,811,000. IAG Wealth Partners LLC raised its holdings in shares of JPMorgan BetaBuilders U.S. Mid Cap Equity ETF by 424.4% during the fourth quarter. IAG Wealth Partners LLC now owns 5,543 shares of the company’s stock valued at $470,000 after purchasing an additional 4,486 shares during the period. LPL Financial LLC grew its stake in shares of JPMorgan BetaBuilders U.S. Mid Cap Equity ETF by 3.9% in the 3rd quarter. LPL Financial LLC now owns 10,368 shares of the company’s stock valued at $781,000 after buying an additional 392 shares during the period. Finally, Vestmark Advisory Solutions Inc. increased its position in JPMorgan BetaBuilders U.S. Mid Cap Equity ETF by 45.9% in the 3rd quarter. Vestmark Advisory Solutions Inc. now owns 15,101 shares of the company’s stock valued at $1,137,000 after buying an additional 4,751 shares in 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.