Janney Montgomery Scott LLC increased its position in JPMorgan BetaBuilders U.S. Mid Cap Equity ETF (NYSEARCA:BBMC – Free Report) by 1.9% during the second quarter, HoldingsChannel reports. The institutional investor owned 174,864 shares of the company’s stock after acquiring an additional 3,198 shares during the period. Janney Montgomery Scott LLC’s holdings in JPMorgan BetaBuilders U.S. Mid Cap Equity ETF were worth $17,041,000 as of its most recent SEC filing.
Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in BBMC. Mattson Financial Services LLC acquired a new position in shares of JPMorgan BetaBuilders U.S. Mid Cap Equity ETF during the 1st quarter worth $37,000. Geneos Wealth Management Inc. lifted its stake in shares of JPMorgan BetaBuilders U.S. Mid Cap Equity ETF by 26.5% in the 1st quarter. Geneos Wealth Management Inc. now owns 1,260 shares of the company’s stock valued at $114,000 after purchasing an additional 264 shares during the last quarter. Bank of America Corp DE boosted its holdings in JPMorgan BetaBuilders U.S. Mid Cap Equity ETF by 60.0% in the fourth quarter. Bank of America Corp DE now owns 1,290 shares of the company’s stock worth $124,000 after purchasing an additional 484 shares in the last quarter. 3Chopt Investment Partners LLC acquired a new position in JPMorgan BetaBuilders U.S. Mid Cap Equity ETF during the first quarter worth $174,000. Finally, Thrive Wealth Management LLC bought a new position in JPMorgan BetaBuilders U.S. Mid Cap Equity ETF during the second quarter valued at about $216,000.
JPMorgan BetaBuilders U.S. Mid Cap Equity ETF Stock Performance
BBMC opened at $104.88 on Friday. The company has a market cap of $2.01 billion, a PE ratio of 18.31 and a beta of 1.03. The stock has a 50-day moving average of $102.64 and a 200-day moving average of $96.10. JPMorgan BetaBuilders U.S. Mid Cap Equity ETF has a 52-week low of $77.29 and a 52-week high of $106.41.
JPMorgan BetaBuilders U.S. Mid Cap Equity ETF 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.
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Want to see what other hedge funds are holding BBMC? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for JPMorgan BetaBuilders U.S. Mid Cap Equity ETF (NYSEARCA:BBMC – Free Report).
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