JPMorgan BetaBuilders U.S. Small Cap Equity ETF (NYSEARCA:BBSC) Hits New 1-Year High – Should You Buy?

JPMorgan BetaBuilders U.S. Small Cap Equity ETF (NYSEARCA:BBSC)’s share price hit a new 52-week high on Thursday . The stock traded as high as $87.56 and last traded at $87.56, with a volume of 1070 shares. The stock had previously closed at $85.29.

JPMorgan BetaBuilders U.S. Small Cap Equity ETF Trading Up 2.7%

The firm has a market capitalization of $766.15 million, a price-to-earnings ratio of 18.09 and a beta of 1.14. The company has a fifty day moving average price of $82.93 and a two-hundred day moving average price of $79.05.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently made changes to their positions in the stock. Geneos Wealth Management Inc. lifted its holdings in JPMorgan BetaBuilders U.S. Small Cap Equity ETF by 27.8% in the first quarter. Geneos Wealth Management Inc. now owns 1,048 shares of the company’s stock valued at $63,000 after acquiring an additional 228 shares during the last quarter. MGO One Seven LLC lifted its holdings in JPMorgan BetaBuilders U.S. Small Cap Equity ETF by 8.7% in the fourth quarter. MGO One Seven LLC now owns 4,967 shares of the company’s stock valued at $369,000 after acquiring an additional 398 shares during the last quarter. Triad Wealth Partners LLC lifted its holdings in JPMorgan BetaBuilders U.S. Small Cap Equity ETF by 18.3% in the first quarter. Triad Wealth Partners LLC now owns 4,448 shares of the company’s stock valued at $334,000 after acquiring an additional 687 shares during the last quarter. Bank of America Corp DE lifted its holdings in JPMorgan BetaBuilders U.S. Small Cap Equity ETF by 116.7% in the second quarter. Bank of America Corp DE now owns 2,251 shares of the company’s stock valued at $149,000 after acquiring an additional 1,212 shares during the last quarter. Finally, Financial Engines Advisors L.L.C. lifted its holdings in JPMorgan BetaBuilders U.S. Small Cap Equity ETF by 9.8% in the third quarter. Financial Engines Advisors L.L.C. now owns 21,577 shares of the company’s stock valued at $1,600,000 after acquiring an additional 1,920 shares during the last quarter.

JPMorgan BetaBuilders U.S. Small Cap Equity ETF Company Profile

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.