JPMorgan BetaBuilders U.S. Small Cap Equity ETF (NYSEARCA:BBSC) Hits New 1-Year High – Should You Buy?

Shares of JPMorgan BetaBuilders U.S. Small Cap Equity ETF (NYSEARCA:BBSCGet Free Report) reached a new 52-week high on Thursday . The company traded as high as $78.82 and last traded at $78.82, with a volume of 5217 shares trading hands. The stock had previously closed at $78.27.

JPMorgan BetaBuilders U.S. Small Cap Equity ETF Stock Performance

The stock has a market cap of $631.07 million, a P/E ratio of 18.09 and a beta of 1.14. The company has a 50-day simple moving average of $75.37 and a 200-day simple moving average of $73.08.

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

A number of hedge funds have recently added to or reduced their stakes in BBSC. Geneos Wealth Management Inc. lifted its position in shares of JPMorgan BetaBuilders U.S. Small Cap Equity ETF by 27.8% during the first quarter. Geneos Wealth Management Inc. now owns 1,048 shares of the company’s stock worth $63,000 after purchasing an additional 228 shares in the last quarter. MGO One Seven LLC increased its holdings in shares of JPMorgan BetaBuilders U.S. Small Cap Equity ETF by 10.9% in the third quarter. MGO One Seven LLC now owns 4,569 shares of the company’s stock valued at $339,000 after purchasing an additional 448 shares in the last quarter. Steward Partners Investment Advisory LLC bought a new position in JPMorgan BetaBuilders U.S. Small Cap Equity ETF in the 2nd quarter worth approximately $39,000. Bank of America Corp DE lifted its holdings in JPMorgan BetaBuilders U.S. Small Cap Equity ETF by 116.7% during the 2nd quarter. Bank of America Corp DE now owns 2,251 shares of the company’s stock worth $149,000 after buying an additional 1,212 shares in the last quarter. Finally, Financial Engines Advisors L.L.C. raised its position in shares of JPMorgan BetaBuilders U.S. Small Cap Equity ETF by 9.8% during the third quarter. Financial Engines Advisors L.L.C. now owns 21,577 shares of the company’s stock worth $1,600,000 after acquiring an additional 1,920 shares during the last quarter.

About JPMorgan BetaBuilders U.S. Small Cap Equity ETF

(Get Free Report)

The JPMorgan BetaBuilders U.S. Small Cap Equity ETF (BBSC) is an exchange-traded fund that mostly invests in small-cap stocks. The fund tracks a market-cap-weighted index of US small cap companies. BBSC was launched on Nov 16, 2020 and is managed by JPMorgan Chase.

Further Reading

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