Lake Street Private Wealth LLC Buys New Holdings in JPMorgan BetaBuilders U.S. Mid Cap Equity ETF (NYSEARCA:BBMC)

Lake Street Private Wealth LLC purchased a new position in shares of JPMorgan BetaBuilders U.S. Mid Cap Equity ETF (NYSEARCA:BBMC) during the fourth quarter, according to its most recent disclosure with the SEC. The institutional investor purchased 3,371 shares of the company’s stock, valued at approximately $324,000.

Several other institutional investors and hedge funds have also added to or reduced their stakes in BBMC. Janney Montgomery Scott LLC increased its position in shares of JPMorgan BetaBuilders U.S. Mid Cap Equity ETF by 11.9% during the third quarter. Janney Montgomery Scott LLC now owns 140,109 shares of the company’s stock worth $13,236,000 after acquiring an additional 14,899 shares in the last quarter. ACT Advisors LLC. boosted its stake in JPMorgan BetaBuilders U.S. Mid Cap Equity ETF by 49.0% during the 4th quarter. ACT Advisors LLC. now owns 13,820 shares of the company’s stock valued at $1,330,000 after purchasing an additional 4,546 shares during the last quarter. Park Avenue Securities LLC bought a new stake in JPMorgan BetaBuilders U.S. Mid Cap Equity ETF during the 4th quarter worth approximately $1,244,000. Sanctuary Advisors LLC purchased a new stake in shares of JPMorgan BetaBuilders U.S. Mid Cap Equity ETF in the third quarter worth approximately $991,000. Finally, AdvisorNet Financial Inc bought a new position in shares of JPMorgan BetaBuilders U.S. Mid Cap Equity ETF in the fourth quarter valued at approximately $56,000.

JPMorgan BetaBuilders U.S. Mid Cap Equity ETF Stock Up 0.4 %

Shares of NYSEARCA:BBMC opened at $100.01 on Friday. The stock has a market cap of $1.84 billion, a price-to-earnings ratio of 16.22 and a beta of 1.15. The business’s 50 day moving average is $100.03 and its 200 day moving average is $94.93. JPMorgan BetaBuilders U.S. Mid Cap Equity ETF has a 12-month low of $81.86 and a 12-month high of $105.68.

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.