JPMorgan BetaBuilders U.S. Mid Cap Equity ETF (NYSEARCA:BBMC) Sees Strong Trading Volume – Here’s What Happened

JPMorgan BetaBuilders U.S. Mid Cap Equity ETF (NYSEARCA:BBMC) shares saw unusually-strong trading volume on Thursday . Approximately 109,055 shares were traded during trading, an increase of 113% from the previous session’s volume of 51,109 shares.The stock last traded at $109.63 and had previously closed at $109.47.

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

The business has a 50 day simple moving average of $112.05 and a 200-day simple moving average of $108.41. The stock has a market capitalization of $1.91 billion, a price-to-earnings ratio of 18.31 and a beta of 1.12.

Institutional Trading of JPMorgan BetaBuilders U.S. Mid Cap Equity ETF

A number of large investors have recently bought and sold shares of BBMC. Kestra Advisory Services LLC acquired a new stake in JPMorgan BetaBuilders U.S. Mid Cap Equity ETF during the 4th quarter worth approximately $106,000. Cornerstone Planning Group LLC bought a new stake in shares of JPMorgan BetaBuilders U.S. Mid Cap Equity ETF during the fourth quarter worth $122,000. Raymond James Financial Inc. bought a new stake in shares of JPMorgan BetaBuilders U.S. Mid Cap Equity ETF during the second quarter worth $144,000. Geneos Wealth Management Inc. raised its holdings in shares of JPMorgan BetaBuilders U.S. Mid Cap Equity ETF by 29.4% during the second quarter. Geneos Wealth Management Inc. now owns 1,630 shares of the company’s stock worth $159,000 after acquiring an additional 370 shares during the period. Finally, Steward Partners Investment Advisory LLC raised its holdings in shares of JPMorgan BetaBuilders U.S. Mid Cap Equity ETF by 8.2% during the second quarter. Steward Partners Investment Advisory LLC now owns 3,207 shares of the company’s stock worth $313,000 after acquiring an additional 243 shares during the period.

JPMorgan BetaBuilders U.S. Mid Cap Equity ETF Company 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.