JPMorgan BetaBuilders U.S. Small Cap Equity ETF (NYSEARCA:BBSC) Sets New 52-Week High – Here’s Why

JPMorgan BetaBuilders U.S. Small Cap Equity ETF (NYSEARCA:BBSCGet Free Report)’s stock price reached a new 52-week high during trading on Friday . The stock traded as high as $75.90 and last traded at $75.88, with a volume of 608 shares. The stock had previously closed at $74.92.

JPMorgan BetaBuilders U.S. Small Cap Equity ETF Price Performance

The business has a fifty day simple moving average of $71.67 and a 200 day simple moving average of $65.72. The firm has a market cap of $595.18 million, a price-to-earnings ratio of 18.09 and a beta of 0.99.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Janney Montgomery Scott LLC grew its holdings in shares of JPMorgan BetaBuilders U.S. Small Cap Equity ETF by 10.9% during the first quarter. Janney Montgomery Scott LLC now owns 120,676 shares of the company’s stock worth $7,303,000 after buying an additional 11,878 shares in the last quarter. Northwestern Mutual Wealth Management Co. grew its stake in JPMorgan BetaBuilders U.S. Small Cap Equity ETF by 650.0% during the 1st quarter. Northwestern Mutual Wealth Management Co. now owns 435 shares of the company’s stock valued at $26,000 after acquiring an additional 377 shares in the last quarter. Financial Engines Advisors L.L.C. acquired a new stake in JPMorgan BetaBuilders U.S. Small Cap Equity ETF in the 1st quarter valued at about $1,186,000. LPL Financial LLC raised its holdings in JPMorgan BetaBuilders U.S. Small Cap Equity ETF by 11.5% in the 1st quarter. LPL Financial LLC now owns 55,223 shares of the company’s stock valued at $3,342,000 after acquiring an additional 5,690 shares during the last quarter. Finally, Flow Traders U.S. LLC purchased a new position in JPMorgan BetaBuilders U.S. Small Cap Equity ETF in the 1st quarter worth approximately $1,920,000.

About JPMorgan BetaBuilders U.S. Small Cap Equity ETF

(Get Free Report)

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.

Further Reading

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