JPMorgan BetaBuilders U.S. Mid Cap Equity ETF (NYSEARCA:BBMC) Sees Unusually-High Trading Volume – Here’s Why

Shares of JPMorgan BetaBuilders U.S. Mid Cap Equity ETF (NYSEARCA:BBMCGet Free Report) saw strong trading volume on Tuesday . 155,937 shares changed hands during mid-day trading, an increase of 211% from the previous session’s volume of 50,191 shares.The stock last traded at $108.25 and had previously closed at $108.42.

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

The firm has a market capitalization of $1.90 billion, a price-to-earnings ratio of 18.31 and a beta of 1.12. The business has a fifty day moving average of $112.82 and a two-hundred day moving average of $108.29.

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

Large investors have recently added to or reduced their stakes in the stock. Flow Traders U.S. LLC increased its holdings in shares of JPMorgan BetaBuilders U.S. Mid Cap Equity ETF by 50.1% during the third quarter. Flow Traders U.S. LLC now owns 29,366 shares of the company’s stock worth $3,054,000 after buying an additional 9,807 shares in the last quarter. MGO One Seven LLC increased its position in JPMorgan BetaBuilders U.S. Mid Cap Equity ETF by 11.4% during the 4th quarter. MGO One Seven LLC now owns 7,589 shares of the company’s stock valued at $809,000 after purchasing an additional 777 shares during the period. Cornerstone Planning Group LLC acquired a new stake in shares of JPMorgan BetaBuilders U.S. Mid Cap Equity ETF during the fourth quarter worth $122,000. Sanctuary Advisors LLC increased its holdings in JPMorgan BetaBuilders U.S. Mid Cap Equity ETF by 1,507.1% in the fourth quarter. Sanctuary Advisors LLC now owns 34,055 shares of the company’s stock worth $3,631,000 after purchasing an additional 31,936 shares in the last quarter. Finally, TBH Global Asset Management LLC bought a new stake in shares of JPMorgan BetaBuilders U.S. Mid Cap Equity ETF in the 4th quarter valued at $1,630,000.

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

(Get Free Report)

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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