Sanctuary Advisors LLC Sells 25,406 Shares of JPMorgan BetaBuilders U.S. Mid Cap Equity ETF $BBMC

Sanctuary Advisors LLC lowered its stake in JPMorgan BetaBuilders U.S. Mid Cap Equity ETF (NYSEARCA:BBMC) by 74.6% during the first quarter, HoldingsChannel.com reports. The institutional investor owned 8,649 shares of the company’s stock after selling 25,406 shares during the period. Sanctuary Advisors LLC’s holdings in JPMorgan BetaBuilders U.S. Mid Cap Equity ETF were worth $938,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently modified their holdings of BBMC. Royal Bank of Canada grew its stake in shares of JPMorgan BetaBuilders U.S. Mid Cap Equity ETF by 31,628.6% during the first quarter. Royal Bank of Canada now owns 4,442 shares of the company’s stock worth $400,000 after buying an additional 4,428 shares during the last quarter. Goldman Sachs Group Inc. lifted its stake in shares of 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 valued at $1,382,000 after acquiring an additional 10,765 shares during the last quarter. Jane Street Group LLC acquired a new stake in shares of JPMorgan BetaBuilders U.S. Mid Cap Equity ETF during the 1st quarter valued at $1,592,000. Raymond James Financial Inc. acquired a new stake in shares of JPMorgan BetaBuilders U.S. Mid Cap Equity ETF during the 2nd quarter valued at $144,000. Finally, Bank of America Corp DE grew its position in JPMorgan BetaBuilders U.S. Mid Cap Equity ETF by 3.3% during the 2nd quarter. Bank of America Corp DE now owns 6,721 shares of the company’s stock worth $655,000 after acquiring an additional 216 shares during the last quarter.

JPMorgan BetaBuilders U.S. Mid Cap Equity ETF Stock Up 0.3%

Shares of BBMC opened at $124.05 on Friday. JPMorgan BetaBuilders U.S. Mid Cap Equity ETF has a 12-month low of $96.88 and a 12-month high of $127.70. The business has a 50-day simple moving average of $123.87 and a two-hundred day simple moving average of $117.26. The stock has a market cap of $2.03 billion, a PE ratio of 18.31 and a beta of 1.07.

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.