Envestnet Asset Management Inc. Increases Stock Holdings in JPMorgan BetaBuilders U.S. Mid Cap Equity ETF (NYSEARCA:BBMC)

Envestnet Asset Management Inc. lifted its position in shares of JPMorgan BetaBuilders U.S. Mid Cap Equity ETF (NYSEARCA:BBMC) by 2,531.3% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 119,831 shares of the company’s stock after acquiring an additional 115,277 shares during the quarter. Envestnet Asset Management Inc. owned 0.65% of JPMorgan BetaBuilders U.S. Mid Cap Equity ETF worth $11,531,000 at the end of the most recent quarter.

A number of other large investors have also modified their holdings of the business. AdvisorNet Financial Inc acquired a new stake in shares of JPMorgan BetaBuilders U.S. Mid Cap Equity ETF during the fourth quarter worth $56,000. IFP Advisors Inc boosted its holdings in JPMorgan BetaBuilders U.S. Mid Cap Equity ETF by 28.8% in the fourth quarter. IFP Advisors Inc now owns 729 shares of the company’s stock valued at $70,000 after purchasing an additional 163 shares during the last quarter. Global Retirement Partners LLC boosted its stake in shares of JPMorgan BetaBuilders U.S. Mid Cap Equity ETF by 1,072.7% during the 4th quarter. Global Retirement Partners LLC now owns 516 shares of the company’s stock valued at $50,000 after buying an additional 472 shares during the last quarter. Steward Partners Investment Advisory LLC lifted its position in shares of JPMorgan BetaBuilders U.S. Mid Cap Equity ETF by 19.9% during the fourth quarter. Steward Partners Investment Advisory LLC now owns 2,311 shares of the company’s stock worth $222,000 after purchasing an additional 383 shares during the last quarter. Finally, LPL Financial LLC increased its holdings in shares of JPMorgan BetaBuilders U.S. Mid Cap Equity ETF by 1,484.6% in the 4th quarter. LPL Financial LLC now owns 292,159 shares of the company’s stock valued at $28,114,000 after acquiring an additional 273,722 shares during the last quarter.

JPMorgan BetaBuilders U.S. Mid Cap Equity ETF Stock Up 1.0 %

BBMC opened at $84.69 on Friday. The company’s 50-day moving average price is $91.52 and its 200 day moving average price is $96.28. JPMorgan BetaBuilders U.S. Mid Cap Equity ETF has a fifty-two week low of $77.29 and a fifty-two week high of $105.68. The firm has a market cap of $1.63 billion, a price-to-earnings ratio of 17.92 and a beta of 1.12.

About JPMorgan BetaBuilders U.S. Mid Cap Equity ETF

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.