JPMorgan BetaBuilders U.S. Mid Cap Equity ETF (NYSEARCA:BBMC) Sees Strong Trading Volume – Here’s What Happened

JPMorgan BetaBuilders U.S. Mid Cap Equity ETF (NYSEARCA:BBMC) shares saw unusually-strong trading volume on Monday . Approximately 121,959 shares were traded during trading, an increase of 203% from the previous session’s volume of 40,274 shares.The stock last traded at $102.9150 and had previously closed at $99.77.

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

The stock has a fifty day moving average price of $104.26 and a two-hundred day moving average price of $100.47. The company has a market cap of $1.94 billion, a P/E ratio of 18.31 and a beta of 1.12.

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

Several large investors have recently made changes to their positions in BBMC. ACT Advisors LLC. lifted its holdings in shares of JPMorgan BetaBuilders U.S. Mid Cap Equity ETF by 0.9% during the second quarter. ACT Advisors LLC. now owns 14,202 shares of the company’s stock valued at $1,384,000 after purchasing an additional 126 shares during the last quarter. Bank of America Corp DE increased its position in shares of JPMorgan BetaBuilders U.S. Mid Cap Equity ETF by 3.3% in the second quarter. Bank of America Corp DE now owns 6,721 shares of the company’s stock worth $655,000 after acquiring an additional 216 shares in the last quarter. Steward Partners Investment Advisory LLC raised its holdings 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 acquiring an additional 243 shares during the period. Geneos Wealth Management Inc. lifted its position in shares of JPMorgan BetaBuilders U.S. Mid Cap Equity ETF by 26.5% in the 1st quarter. Geneos Wealth Management Inc. now owns 1,260 shares of the company’s stock valued at $114,000 after acquiring an additional 264 shares in the last quarter. Finally, Ascent Group LLC boosted its stake in JPMorgan BetaBuilders U.S. Mid Cap Equity ETF by 13.0% in the 3rd quarter. Ascent Group LLC now owns 3,171 shares of the company’s stock worth $330,000 after purchasing an additional 364 shares during the period.

About JPMorgan BetaBuilders U.S. Mid Cap Equity ETF

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.