JPMorgan BetaBuilders U.S. Mid Cap Equity ETF (NYSEARCA:BBMC) Sees Strong Trading Volume – Time to Buy?

JPMorgan BetaBuilders U.S. Mid Cap Equity ETF (NYSEARCA:BBMC) shares saw unusually-strong trading volume on Monday . Approximately 8,212 shares changed hands during trading, an increase of 40% from the previous session’s volume of 5,868 shares.The stock last traded at $98.55 and had previously closed at $97.42.

JPMorgan BetaBuilders U.S. Mid Cap Equity ETF Stock Up 0.2 %

The stock has a fifty day simple moving average of $99.85 and a 200-day simple moving average of $94.27. The company has a market capitalization of $1.79 billion, a P/E ratio of 16.22 and a beta of 1.15.

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

An institutional investor recently bought a new position in JPMorgan BetaBuilders U.S. Mid Cap Equity ETF stock. Sanctuary Advisors LLC bought a new position in shares of JPMorgan BetaBuilders U.S. Mid Cap Equity ETF (NYSEARCA:BBMC) during the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor bought 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 filing with the Securities & Exchange Commission.

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.