JPMorgan Chase & Co. Sells 330,388 Shares of JPMorgan BetaBuilders U.S. Mid Cap Equity ETF $BBMC

JPMorgan Chase & Co. trimmed its stake in shares of JPMorgan BetaBuilders U.S. Mid Cap Equity ETF (NYSEARCA:BBMC) by 1.9% during the third quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 17,508,831 shares of the company’s stock after selling 330,388 shares during the quarter. JPMorgan Chase & Co. owned 0.93% of JPMorgan BetaBuilders U.S. Mid Cap Equity ETF worth $1,820,918,000 as of its most recent SEC filing.

Other institutional investors have also added to or reduced their stakes in the company. Geneos Wealth Management Inc. lifted its holdings in shares of JPMorgan BetaBuilders U.S. Mid Cap Equity ETF by 29.4% in the second quarter. Geneos Wealth Management Inc. now owns 1,630 shares of the company’s stock worth $159,000 after buying an additional 370 shares in the last quarter. Bank of America Corp DE grew its stake in JPMorgan BetaBuilders U.S. Mid Cap Equity ETF by 3.3% during the second quarter. Bank of America Corp DE now owns 6,721 shares of the company’s stock valued at $655,000 after acquiring an additional 216 shares in the last quarter. Jane Street Group LLC bought a new stake in JPMorgan BetaBuilders U.S. Mid Cap Equity ETF during the 1st quarter worth approximately $1,592,000. Goldman Sachs Group Inc. lifted its stake in JPMorgan BetaBuilders U.S. Mid Cap Equity ETF by 235.3% in the 1st quarter. Goldman Sachs Group Inc. now owns 15,340 shares of the company’s stock worth $1,382,000 after purchasing an additional 10,765 shares in the last quarter. Finally, Royal Bank of Canada boosted its holdings in JPMorgan BetaBuilders U.S. Mid Cap Equity ETF by 31,628.6% in the 1st quarter. Royal Bank of Canada now owns 4,442 shares of the company’s stock valued at $400,000 after purchasing an additional 4,428 shares during the period.

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

BBMC opened at $114.66 on Tuesday. The firm has a market capitalization of $2.00 billion, a P/E ratio of 18.31 and a beta of 1.12. JPMorgan BetaBuilders U.S. Mid Cap Equity ETF has a one year low of $77.29 and a one year high of $116.25. The company has a fifty day moving average price of $111.23 and a 200-day moving average price of $106.41.

JPMorgan BetaBuilders U.S. Mid Cap Equity ETF 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.