JPMorgan BetaBuilders U.S. Mid Cap Equity ETF (NYSEARCA:BBMC) Sees Large Increase in Short Interest

JPMorgan BetaBuilders U.S. Mid Cap Equity ETF (NYSEARCA:BBMC) was the target of a significant growth in short interest in the month of February. As of February 27th, there was short interest totaling 5,768 shares, a growth of 22.6% from the February 12th total of 4,704 shares. Currently, 0.0% of the shares of the company are short sold. Based on an average daily volume of 46,609 shares, the short-interest ratio is currently 0.1 days. Based on an average daily volume of 46,609 shares, the short-interest ratio is currently 0.1 days. Currently, 0.0% of the shares of the company are short sold.

JPMorgan BetaBuilders U.S. Mid Cap Equity ETF Stock Up 0.9%

Shares of NYSEARCA:BBMC opened at $109.86 on Wednesday. The business has a 50 day moving average price of $113.10 and a 200 day moving average price of $108.15. JPMorgan BetaBuilders U.S. Mid Cap Equity ETF has a twelve month low of $77.29 and a twelve month high of $116.58. The company has a market cap of $1.92 billion, a price-to-earnings ratio of 18.31 and a beta of 1.12.

Institutional Inflows and Outflows

Large investors have recently modified their holdings of the business. Geneos Wealth Management Inc. grew its stake in shares of JPMorgan BetaBuilders U.S. Mid Cap Equity ETF by 5.4% in the fourth quarter. Geneos Wealth Management Inc. now owns 2,252 shares of the company’s stock worth $240,000 after acquiring an additional 116 shares during the last quarter. Bank of America Corp DE raised its stake in JPMorgan BetaBuilders U.S. Mid Cap Equity ETF by 3.3% during the 2nd quarter. Bank of America Corp DE now owns 6,721 shares of the company’s stock valued at $655,000 after purchasing an additional 216 shares during the last quarter. Steward Partners Investment Advisory LLC raised its stake in JPMorgan BetaBuilders U.S. Mid Cap Equity ETF by 8.2% during the 2nd quarter. Steward Partners Investment Advisory LLC now owns 3,207 shares of the company’s stock valued at $313,000 after purchasing an additional 243 shares during the last quarter. Ascent Group LLC raised its stake in 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 valued at $330,000 after purchasing an additional 364 shares during the last quarter. Finally, LPL Financial LLC boosted its holdings in JPMorgan BetaBuilders U.S. Mid Cap Equity ETF by 2.2% in the 4th quarter. LPL Financial LLC now owns 28,925 shares of the company’s stock valued at $3,084,000 after purchasing an additional 634 shares during the period.

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.