JPMorgan Chase & Co. reduced its stake in shares of JPMorgan BetaBuilders U.S. Mid Cap Equity ETF (NYSEARCA:BBMC – Free Report) by 10.6% during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 15,660,497 shares of the company’s stock after selling 1,848,334 shares during the period. JPMorgan Chase & Co. owned 89.74% of JPMorgan BetaBuilders U.S. Mid Cap Equity ETF worth $1,669,722,000 at the end of the most recent reporting period.
Other large investors have also recently made changes to their positions in the company. Cornerstone Planning Group LLC purchased a new position in shares of JPMorgan BetaBuilders U.S. Mid Cap Equity ETF during the 4th quarter valued at about $122,000. Raymond James Financial Inc. purchased a new position in shares of JPMorgan BetaBuilders U.S. Mid Cap Equity ETF during the 2nd quarter valued at about $144,000. Geneos Wealth Management Inc. lifted its position in shares of JPMorgan BetaBuilders U.S. Mid Cap Equity ETF by 29.4% during the 2nd quarter. Geneos Wealth Management Inc. now owns 1,630 shares of the company’s stock valued at $159,000 after buying an additional 370 shares in the last quarter. Royal Bank of Canada lifted its position in shares of JPMorgan BetaBuilders U.S. Mid Cap Equity ETF by 31,628.6% during the 1st quarter. Royal Bank of Canada now owns 4,442 shares of the company’s stock valued at $400,000 after buying an additional 4,428 shares in the last quarter. Finally, Triad Wealth Partners LLC purchased a new position in shares of JPMorgan BetaBuilders U.S. Mid Cap Equity ETF during the 4th quarter valued at about $489,000.
JPMorgan BetaBuilders U.S. Mid Cap Equity ETF Stock Up 0.5%
BBMC stock opened at $121.30 on Tuesday. JPMorgan BetaBuilders U.S. Mid Cap Equity ETF has a twelve month low of $94.02 and a twelve month high of $124.38. The stock has a market cap of $2.08 billion, a P/E ratio of 18.31 and a beta of 1.08. The business’s 50-day moving average price is $117.67 and its 200-day moving average price is $113.02.
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.
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