JPMorgan BetaBuilders U.S. Mid Cap Equity ETF (NYSEARCA:BBMC) Reaches New 12-Month High – What’s Next?

JPMorgan BetaBuilders U.S. Mid Cap Equity ETF (NYSEARCA:BBMCGet Free Report) hit a new 52-week high during mid-day trading on Monday . The company traded as high as $112.46 and last traded at $112.0410, with a volume of 14532 shares traded. The stock had previously closed at $111.30.

JPMorgan BetaBuilders U.S. Mid Cap Equity ETF Trading Up 0.1%

The company has a market cap of $1.90 billion, a PE ratio of 18.31 and a beta of 1.12. The business’s 50 day moving average is $106.59 and its two-hundred day moving average is $103.82.

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

Hedge funds have recently made changes to their positions in the business. Geneos Wealth Management Inc. grew its position in shares of JPMorgan BetaBuilders U.S. Mid Cap Equity ETF by 26.5% during the first quarter. Geneos Wealth Management Inc. now owns 1,260 shares of the company’s stock worth $114,000 after purchasing an additional 264 shares in the last quarter. Raymond James Financial Inc. purchased a new stake in JPMorgan BetaBuilders U.S. Mid Cap Equity ETF during the 2nd quarter valued at approximately $144,000. Thrive Wealth Management LLC purchased a new stake in JPMorgan BetaBuilders U.S. Mid Cap Equity ETF during the 2nd quarter valued at approximately $216,000. Steward Partners Investment Advisory LLC raised its position in shares of JPMorgan BetaBuilders U.S. Mid Cap Equity ETF by 8.2% during the second quarter. Steward Partners Investment Advisory LLC now owns 3,207 shares of the company’s stock valued at $313,000 after buying an additional 243 shares during the last quarter. Finally, Ascent Group LLC lifted its holdings in shares of JPMorgan BetaBuilders U.S. Mid Cap Equity ETF by 13.0% in the third quarter. Ascent Group LLC now owns 3,171 shares of the company’s stock worth $330,000 after buying an additional 364 shares in the last quarter.

About JPMorgan BetaBuilders U.S. Mid Cap Equity ETF

(Get Free Report)

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.

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