JPMorgan BetaBuilders U.S. Mid Cap Equity ETF (NYSEARCA:BBMC) Sees Large Volume Increase – Still a Buy?

Shares of JPMorgan BetaBuilders U.S. Mid Cap Equity ETF (NYSEARCA:BBMC) saw strong trading volume on Monday . 33,678 shares traded hands during 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 Trading Up 0.2 %

The stock has a market capitalization of $1.79 billion, a price-to-earnings ratio of 16.22 and a beta of 1.15. The company’s 50-day simple moving average is $99.67 and its 200-day simple moving average is $93.76.

Institutional Investors 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 acquired 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 and Exchange Commission (SEC). The institutional investor acquired 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 at the end of the most recent quarter.

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.