JPMorgan BetaBuilders U.S. Mid Cap Equity ETF (NYSEARCA:BBMC) Sees Unusually-High Trading Volume – Should You Buy?

JPMorgan BetaBuilders U.S. Mid Cap Equity ETF (NYSEARCA:BBMC) saw unusually-high trading volume on Monday . Approximately 8,212 shares traded hands during trading, an increase of 40% from the previous session’s volume of 5,868 shares.The stock last traded at $98.55 and had previously closed at $97.42.

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

The firm has a fifty day moving average of $99.95 and a 200 day moving average of $94.42. The company has a market capitalization of $1.78 billion, a P/E ratio of 16.22 and a beta of 1.15.

Institutional Investors Weigh In On JPMorgan BetaBuilders U.S. Mid Cap Equity ETF

A hedge fund recently raised its stake in JPMorgan BetaBuilders U.S. Mid Cap Equity ETF stock. Janney Montgomery Scott LLC boosted its stake in shares of JPMorgan BetaBuilders U.S. Mid Cap Equity ETF (NYSEARCA:BBMC) by 11.9% during the 3rd quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 140,109 shares of the company’s stock after purchasing an additional 14,899 shares during the period. Janney Montgomery Scott LLC owned about 0.76% of JPMorgan BetaBuilders U.S. Mid Cap Equity ETF worth $13,236,000 at the end of the most recent quarter.

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.