JPMorgan BetaBuilders U.S. Small Cap Equity ETF (NYSEARCA:BBSC) Shares Down 3% – Should You Sell?

JPMorgan BetaBuilders U.S. Small Cap Equity ETF (NYSEARCA:BBSC)’s stock price was down 3% on Monday . The company traded as low as $60.04 and last traded at $60.61. Approximately 11,967 shares traded hands during trading, a decline of 31% from the average daily volume of 17,248 shares. The stock had previously closed at $62.47.

JPMorgan BetaBuilders U.S. Small Cap Equity ETF Stock Down 3.0 %

The stock’s 50-day simple moving average is $67.99 and its two-hundred day simple moving average is $68.55. The company has a market capitalization of $451.54 million, a price-to-earnings ratio of 17.64 and a beta of 1.14.

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

A number of hedge funds have recently modified their holdings of the company. JPMorgan Chase & Co. lifted its position in shares of JPMorgan BetaBuilders U.S. Small Cap Equity ETF by 3.8% during the third quarter. JPMorgan Chase & Co. now owns 5,892,047 shares of the company’s stock worth $397,183,000 after purchasing an additional 213,437 shares in the last quarter. Janney Montgomery Scott LLC raised its holdings in JPMorgan BetaBuilders U.S. Small Cap Equity ETF by 22.8% in the fourth quarter. Janney Montgomery Scott LLC now owns 108,798 shares of the company’s stock valued at $7,412,000 after acquiring an additional 20,213 shares in the last quarter. LPL Financial LLC raised its holdings in JPMorgan BetaBuilders U.S. Small Cap Equity ETF by 7.0% in the fourth quarter. LPL Financial LLC now owns 49,533 shares of the company’s stock valued at $3,374,000 after acquiring an additional 3,241 shares in the last quarter. Perigon Wealth Management LLC raised its holdings in JPMorgan BetaBuilders U.S. Small Cap Equity ETF by 124.6% during the fourth quarter. Perigon Wealth Management LLC now owns 11,652 shares of the company’s stock worth $806,000 after purchasing an additional 6,463 shares in the last quarter. Finally, Sutton Place Investors LLC acquired a new stake in JPMorgan BetaBuilders U.S. Small Cap Equity ETF during the fourth quarter worth approximately $203,000.

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.