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

Shares of JPMorgan BetaBuilders U.S. Small Cap Equity ETF (NYSEARCA:BBSC) hit a new 52-week high during trading on Tuesday . The company traded as high as $92.40 and last traded at $92.36, with a volume of 9053 shares trading hands. The stock had previously closed at $90.87.

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

The company has a market cap of $723.66 million, a P/E ratio of 18.09 and a beta of 1.13. The business’s 50-day moving average price is $88.89 and its 200 day moving average price is $82.76.

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

Hedge funds and other institutional investors have recently bought and sold shares of the business. Geneos Wealth Management Inc. raised its stake 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 buying an additional 228 shares during the period. Bank of America Corp DE increased its holdings in shares of JPMorgan BetaBuilders U.S. Small Cap Equity ETF by 116.7% during the 2nd quarter. Bank of America Corp DE now owns 2,251 shares of the company’s stock worth $149,000 after acquiring an additional 1,212 shares during the last quarter. Elevation Wealth Management LLC bought a new stake in JPMorgan BetaBuilders U.S. Small Cap Equity ETF in the 4th quarter valued at $226,000. Triad Wealth Partners LLC bought a new stake in JPMorgan BetaBuilders U.S. Small Cap Equity ETF in the 4th quarter valued at $280,000. Finally, MGO One Seven LLC lifted its holdings in JPMorgan BetaBuilders U.S. Small Cap Equity ETF by 8.7% during the 4th quarter. MGO One Seven LLC now owns 4,967 shares of the company’s stock valued at $369,000 after purchasing an additional 398 shares during the last quarter.

About JPMorgan BetaBuilders U.S. Small Cap Equity ETF

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.