JPMorgan BetaBuilders U.S. Mid Cap Equity ETF (NYSEARCA:BBMC) Stake Boosted by Janney Montgomery Scott LLC

Janney Montgomery Scott LLC grew its stake in shares of JPMorgan BetaBuilders U.S. Mid Cap Equity ETF (NYSEARCA:BBMC) by 113.7% during the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 299,454 shares of the company’s stock after acquiring an additional 159,345 shares during the period. Janney Montgomery Scott LLC owned 1.63% of JPMorgan BetaBuilders U.S. Mid Cap Equity ETF worth $28,816,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also modified their holdings of the stock. Lockerman Financial Group Inc. purchased a new position in shares of JPMorgan BetaBuilders U.S. Mid Cap Equity ETF during the 4th quarter valued at $297,000. MassMutual Private Wealth & Trust FSB boosted its holdings in JPMorgan BetaBuilders U.S. Mid Cap Equity ETF by 390.7% in the fourth quarter. MassMutual Private Wealth & Trust FSB now owns 7,076 shares of the company’s stock worth $681,000 after purchasing an additional 5,634 shares in the last quarter. Lake Street Private Wealth LLC bought a new stake in JPMorgan BetaBuilders U.S. Mid Cap Equity ETF in the fourth quarter worth $324,000. Park Avenue Securities LLC bought a new stake in JPMorgan BetaBuilders U.S. Mid Cap Equity ETF in the fourth quarter worth $1,244,000. Finally, AdvisorNet Financial Inc bought a new stake in JPMorgan BetaBuilders U.S. Mid Cap Equity ETF in the fourth quarter worth $56,000.

JPMorgan BetaBuilders U.S. Mid Cap Equity ETF Trading Down 0.2 %

Shares of NYSEARCA:BBMC opened at $101.30 on Friday. The stock has a market capitalization of $1.86 billion, a PE ratio of 16.22 and a beta of 1.15. JPMorgan BetaBuilders U.S. Mid Cap Equity ETF has a 1 year low of $82.55 and a 1 year high of $105.68. The firm has a fifty day moving average price of $100.06 and a 200 day moving average price of $95.35.

JPMorgan BetaBuilders U.S. Mid Cap Equity ETF 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.