JPMorgan BetaBuilders U.S. Mid Cap Equity ETF (NYSEARCA:BBMC) Hits New 1-Year High – Should You Buy?

Shares of JPMorgan BetaBuilders U.S. Mid Cap Equity ETF (NYSEARCA:BBMCGet Free Report) hit a new 52-week high during mid-day trading on Tuesday . The stock traded as high as $128.88 and last traded at $128.86, with a volume of 2817 shares trading hands. The stock had previously closed at $128.44.

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

The stock has a market capitalization of $2.11 billion, a P/E ratio of 18.31 and a beta of 1.08. The company’s 50 day simple moving average is $125.01 and its two-hundred day simple moving average is $118.36.

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

A number of large investors have recently bought and sold shares of the business. Private Advisor Group LLC bought a new stake in shares of JPMorgan BetaBuilders U.S. Mid Cap Equity ETF during the first quarter worth $443,000. Archer Investment Corp bought a new position in shares of JPMorgan BetaBuilders U.S. Mid Cap Equity ETF in the first quarter valued at about $490,000. Sanctuary Advisors LLC lifted its position in JPMorgan BetaBuilders U.S. Mid Cap Equity ETF by 1,507.1% during the 4th quarter. Sanctuary Advisors LLC now owns 34,055 shares of the company’s stock worth $3,631,000 after buying an additional 31,936 shares in the last quarter. Royal Bank of Canada lifted its position in JPMorgan BetaBuilders U.S. Mid Cap Equity ETF by 92.8% during the 1st quarter. Royal Bank of Canada now owns 6,149 shares of the company’s stock worth $667,000 after buying an additional 2,959 shares in the last quarter. Finally, Geneos Wealth Management Inc. lifted its position in JPMorgan BetaBuilders U.S. Mid Cap Equity ETF by 5.4% during the 4th quarter. Geneos Wealth Management Inc. now owns 2,252 shares of the company’s stock worth $240,000 after buying an additional 116 shares in the last quarter.

About JPMorgan BetaBuilders U.S. Mid Cap Equity ETF

(Get Free Report)

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.

Further Reading

Receive News & Ratings for JPMorgan BetaBuilders U.S. Mid Cap Equity ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for JPMorgan BetaBuilders U.S. Mid Cap Equity ETF and related companies with MarketBeat.com's FREE daily email newsletter.