JPMorgan BetaBuilders U.S. Mid Cap Equity ETF (NYSEARCA:BBMC) Sees Unusually-High Trading Volume – Should You Buy?

Posted by Stacy Sanders on Dec 23rd, 2024

JPMorgan BetaBuilders U.S. Mid Cap Equity ETF (NYSEARCA:BBMC – Get Free Report) saw an uptick in trading volume on Monday . 33,678 shares traded hands during mid-day trading, a decline of 7% from the previous session’s volume of 36,363 shares.The stock last traded at $96.79 and had previously closed at $97.27.

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

The business has a 50-day moving average of $99.62 and a 200-day moving average of $93.62. The stock has a market capitalization of $1.78 billion, a price-to-earnings ratio of 16.22 and a beta of 1.15.

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

A hedge fund recently bought a new stake in JPMorgan BetaBuilders U.S. Mid Cap Equity ETF stock. Sanctuary Advisors LLC purchased a new position in shares of JPMorgan BetaBuilders U.S. Mid Cap Equity ETF (NYSEARCA:BBMC – Free Report) during the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm purchased 9,568 shares of the company’s stock, valued at approximately $991,000. Sanctuary Advisors LLC owned about 0.05% of JPMorgan BetaBuilders U.S. Mid Cap Equity ETF as of its most recent SEC filing.

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

(Get Free Report)

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.