JPMorgan BetaBuilders U.S. Small Cap Equity ETF (NYSEARCA:BBSC) Hits New 12-Month High – Here’s Why

JPMorgan BetaBuilders U.S. Small Cap Equity ETF (NYSEARCA:BBSC) shares reached a new 52-week high on Monday . The company traded as high as $91.30 and last traded at $91.30, with a volume of 562 shares. The stock had previously closed at $91.03.

JPMorgan BetaBuilders U.S. Small Cap Equity ETF Trading Down 0.9%

The stock has a market cap of $789.08 million, a P/E ratio of 18.09 and a beta of 1.14. The company’s fifty day simple moving average is $85.56 and its 200-day simple moving average is $80.24.

Institutional Trading of JPMorgan BetaBuilders U.S. Small Cap Equity ETF

Institutional investors and hedge funds have recently added to or reduced their stakes in the business. JPMorgan Chase & Co. boosted its holdings in JPMorgan BetaBuilders U.S. Small Cap Equity ETF by 2.4% during the fourth quarter. JPMorgan Chase & Co. now owns 5,967,154 shares of the company’s stock valued at $443,479,000 after purchasing an additional 137,846 shares in the last quarter. Janney Montgomery Scott LLC raised its holdings in shares of JPMorgan BetaBuilders U.S. Small Cap Equity ETF by 11.9% in the 1st quarter. Janney Montgomery Scott LLC now owns 127,594 shares of the company’s stock worth $9,578,000 after buying an additional 13,567 shares in the last quarter. LPL Financial LLC raised its holdings in shares of JPMorgan BetaBuilders U.S. Small Cap Equity ETF by 4.3% in the 4th quarter. LPL Financial LLC now owns 59,929 shares of the company’s stock worth $4,454,000 after buying an additional 2,472 shares in the last quarter. Financial Engines Advisors L.L.C. raised its holdings in shares of JPMorgan BetaBuilders U.S. Small Cap Equity ETF by 9.8% in the 3rd quarter. Financial Engines Advisors L.L.C. now owns 21,577 shares of the company’s stock worth $1,600,000 after buying an additional 1,920 shares in the last quarter. Finally, Farther Finance Advisors LLC lifted its position in shares of JPMorgan BetaBuilders U.S. Small Cap Equity ETF by 52,727.5% during the 4th quarter. Farther Finance Advisors LLC now owns 21,131 shares of the company’s stock worth $1,570,000 after buying an additional 21,091 shares during the period.

About JPMorgan BetaBuilders U.S. Small Cap Equity ETF

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.