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

JPMorgan BetaBuilders U.S. Mid Cap Equity ETF (NYSEARCA:BBMC) shares saw an uptick in trading volume on Thursday . 41,059 shares changed hands during trading, a decline of 3% from the previous session’s volume of 42,481 shares.The stock last traded at $99.83 and had previously closed at $99.79.

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

The company has a 50 day simple moving average of $99.20 and a 200-day simple moving average of $96.35. The stock has a market cap of $1.85 billion, a price-to-earnings ratio of 16.22 and a beta of 1.15.

Hedge Funds Weigh In On JPMorgan BetaBuilders U.S. Mid Cap Equity ETF

Several hedge funds and other institutional investors have recently modified their holdings of the company. Global Retirement Partners LLC boosted its position in shares of JPMorgan BetaBuilders U.S. Mid Cap Equity ETF by 1,072.7% during the fourth quarter. Global Retirement Partners LLC now owns 516 shares of the company’s stock valued at $50,000 after purchasing an additional 472 shares in the last quarter. AdvisorNet Financial Inc bought a new stake in JPMorgan BetaBuilders U.S. Mid Cap Equity ETF during the fourth quarter valued at about $56,000. Richardson Financial Services Inc. increased its holdings in JPMorgan BetaBuilders U.S. Mid Cap Equity ETF by 1,126.3% in the 4th quarter. Richardson Financial Services Inc. now owns 699 shares of the company’s stock worth $67,000 after acquiring an additional 642 shares in the last quarter. IFP Advisors Inc lifted its stake in shares of JPMorgan BetaBuilders U.S. Mid Cap Equity ETF by 28.8% during the 4th quarter. IFP Advisors Inc now owns 729 shares of the company’s stock valued at $70,000 after buying an additional 163 shares in the last quarter. Finally, Farther Finance Advisors LLC boosted its stake in shares of JPMorgan BetaBuilders U.S. Mid Cap Equity ETF by 143.3% in the fourth quarter. Farther Finance Advisors LLC now owns 944 shares of the company’s stock worth $91,000 after acquiring an additional 556 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.