JPMorgan BetaBuilders U.S. Small Cap Equity ETF (NYSEARCA:BBSC) Reaches New 1-Year High – Should You Buy?

JPMorgan BetaBuilders U.S. Small Cap Equity ETF (NYSEARCA:BBSC)’s share price reached a new 52-week high during trading on Tuesday . The company traded as high as $84.77 and last traded at $84.77, with a volume of 476 shares traded. The stock had previously closed at $83.57.

JPMorgan BetaBuilders U.S. Small Cap Equity ETF Stock Performance

The company has a market cap of $743.05 million, a price-to-earnings ratio of 18.09 and a beta of 1.15. The business has a fifty day moving average price of $78.10 and a 200 day moving average price of $76.92.

Hedge Funds Weigh In On JPMorgan BetaBuilders U.S. Small Cap Equity ETF

A number of institutional investors have recently modified their holdings of BBSC. Geneos Wealth Management Inc. grew its position in JPMorgan BetaBuilders U.S. Small Cap Equity ETF by 27.8% during the 1st quarter. Geneos Wealth Management Inc. now owns 1,048 shares of the company’s stock worth $63,000 after acquiring an additional 228 shares during the last quarter. Bank of America Corp DE grew its position in JPMorgan BetaBuilders U.S. Small Cap Equity ETF by 116.7% during the 2nd quarter. Bank of America Corp DE now owns 2,251 shares of the company’s stock worth $149,000 after acquiring an additional 1,212 shares during the last quarter. Elevation Wealth Management LLC bought a new stake in JPMorgan BetaBuilders U.S. Small Cap Equity ETF during the 4th quarter worth $226,000. Triad Wealth Partners LLC bought a new stake in JPMorgan BetaBuilders U.S. Small Cap Equity ETF during the 4th quarter worth $280,000. Finally, MGO One Seven LLC grew its position in JPMorgan BetaBuilders U.S. Small Cap Equity ETF by 10.9% during the 3rd quarter. MGO One Seven LLC now owns 4,569 shares of the company’s stock worth $339,000 after acquiring an additional 448 shares during the last quarter.

JPMorgan BetaBuilders U.S. Small Cap Equity ETF Company Profile

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.