JPMorgan BetaBuilders U.S. Small Cap Equity ETF (NYSEARCA:BBSC) Sees Unusually-High Trading Volume – What’s Next?

JPMorgan BetaBuilders U.S. Small Cap Equity ETF (NYSEARCA:BBSC) shares saw an uptick in trading volume on Tuesday . 25,282 shares changed hands during mid-day trading, an increase of 63% from the previous session’s volume of 15,522 shares.The stock last traded at $63.43 and had previously closed at $63.51.

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

The company has a market capitalization of $494.51 million, a price-to-earnings ratio of 17.41 and a beta of 1.15. The business’s 50-day simple moving average is $66.47 and its 200-day simple moving average is $68.22.

JPMorgan BetaBuilders U.S. Small Cap Equity ETF Cuts Dividend

The business also recently declared a dividend, which will be paid on Thursday, March 27th. Stockholders of record on Tuesday, March 25th will be given a $0.1165 dividend. The ex-dividend date is Tuesday, March 25th.

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

A number of institutional investors and hedge funds have recently modified their holdings of the stock. JPMorgan Chase & Co. increased its position in shares of JPMorgan BetaBuilders U.S. Small Cap Equity ETF by 3.8% in the 3rd quarter. JPMorgan Chase & Co. now owns 5,892,047 shares of the company’s stock valued at $397,183,000 after buying an additional 213,437 shares in the last quarter. Janney Montgomery Scott LLC increased its holdings in shares of JPMorgan BetaBuilders U.S. Small Cap Equity ETF by 22.8% in the fourth quarter. Janney Montgomery Scott LLC now owns 108,798 shares of the company’s stock worth $7,412,000 after acquiring an additional 20,213 shares in the last quarter. Perigon Wealth Management LLC raised its position in shares of JPMorgan BetaBuilders U.S. Small Cap Equity ETF by 124.6% during the fourth quarter. Perigon Wealth Management LLC now owns 11,652 shares of the company’s stock worth $806,000 after purchasing an additional 6,463 shares during the period. LPL Financial LLC raised its position in shares of JPMorgan BetaBuilders U.S. Small Cap Equity ETF by 7.0% during the fourth quarter. LPL Financial LLC now owns 49,533 shares of the company’s stock worth $3,374,000 after purchasing an additional 3,241 shares during the period. Finally, Sutton Place Investors LLC bought a new position in shares of JPMorgan BetaBuilders U.S. Small Cap Equity ETF during the 4th quarter valued at about $203,000.

About JPMorgan BetaBuilders U.S. Small Cap Equity ETF

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.