JPMorgan BetaBuilders U.S. Small Cap Equity ETF (NYSEARCA:BBSC) Hits New 52-Week High – Still a Buy?

Posted by Latisha Jones on Nov 25th, 2024

JPMorgan BetaBuilders U.S. Small Cap Equity ETF (NYSEARCA:BBSC – Get Free Report)’s stock price reached a new 52-week high on Monday . The stock traded as high as $75.29 and last traded at $75.29, with a volume of 575 shares changing hands. The stock had previously closed at $73.59.

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

The firm’s 50 day moving average is $68.40 and its two-hundred day moving average is $64.94. The firm has a market capitalization of $572.76 million, a P/E ratio of 11.61 and a beta of 1.29.

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

Hedge funds have recently added to or reduced their stakes in the business. Key Financial Inc lifted its holdings in JPMorgan BetaBuilders U.S. Small Cap Equity ETF by 32.0% during the 3rd quarter. Key Financial Inc now owns 709 shares of the company’s stock valued at $48,000 after purchasing an additional 172 shares during the last quarter. Ascent Group LLC acquired a new stake in JPMorgan BetaBuilders U.S. Small Cap Equity ETF during the 1st quarter valued at $205,000. Finally, Janney Montgomery Scott LLC lifted its holdings in JPMorgan BetaBuilders U.S. Small Cap Equity ETF by 9.7% during the 3rd quarter. Janney Montgomery Scott LLC now owns 88,585 shares of the company’s stock valued at $5,972,000 after purchasing an additional 7,867 shares during the last quarter.

About JPMorgan BetaBuilders U.S. Small Cap Equity ETF

(Get Free Report)

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.