JPMorgan Chase & Co. Sells 330,388 Shares of JPMorgan BetaBuilders U.S. Mid Cap Equity ETF $BBMC

JPMorgan Chase & Co. lessened its holdings in shares of JPMorgan BetaBuilders U.S. Mid Cap Equity ETF (NYSEARCA:BBMC) by 1.9% in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 17,508,831 shares of the company’s stock after selling 330,388 shares during the quarter. JPMorgan Chase & Co. owned 93.38% of JPMorgan BetaBuilders U.S. Mid Cap Equity ETF worth $1,820,918,000 as of its most recent SEC filing.

Several other large investors have also recently made changes to their positions in the business. MGO One Seven LLC raised its position in JPMorgan BetaBuilders U.S. Mid Cap Equity ETF by 17.1% in the third quarter. MGO One Seven LLC now owns 6,812 shares of the company’s stock worth $708,000 after acquiring an additional 993 shares during the period. Geneos Wealth Management Inc. lifted its position in shares of JPMorgan BetaBuilders U.S. Mid Cap Equity ETF by 31.0% during the 3rd quarter. Geneos Wealth Management Inc. now owns 2,136 shares of the company’s stock valued at $222,000 after buying an additional 506 shares during the last quarter. Ascent Group LLC grew its stake in shares of JPMorgan BetaBuilders U.S. Mid Cap Equity ETF by 13.0% during the 3rd quarter. Ascent Group LLC now owns 3,171 shares of the company’s stock worth $330,000 after acquiring an additional 364 shares during the period. Bank of America Corp DE increased its holdings in JPMorgan BetaBuilders U.S. Mid Cap Equity ETF by 3.3% in the 2nd quarter. Bank of America Corp DE now owns 6,721 shares of the company’s stock worth $655,000 after acquiring an additional 216 shares during the last quarter. Finally, Raymond James Financial Inc. bought a new stake in JPMorgan BetaBuilders U.S. Mid Cap Equity ETF in the 2nd quarter valued at about $144,000.

JPMorgan BetaBuilders U.S. Mid Cap Equity ETF Stock Up 1.3%

NYSEARCA BBMC opened at $114.66 on Tuesday. The company has a market cap of $2.00 billion, a PE ratio of 18.31 and a beta of 1.12. JPMorgan BetaBuilders U.S. Mid Cap Equity ETF has a 52 week low of $77.29 and a 52 week high of $116.25. The firm’s 50-day simple moving average is $111.23 and its two-hundred day simple moving average is $106.41.

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.