JPMorgan BetaBuilders U.S. Small Cap Equity ETF (NYSEARCA:BBSC) Hits New 12-Month High – Here’s What Happened

by · The Cerbat Gem

JPMorgan BetaBuilders U.S. Small Cap Equity ETF (NYSEARCA:BBSC – Get Free Report) shares hit a new 52-week high during trading on Wednesday . The stock traded as high as $77.78 and last traded at $77.4460, with a volume of 2888 shares traded. The stock had previously closed at $76.20.

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

The company has a 50 day moving average of $74.44 and a 200 day moving average of $70.74. The stock has a market capitalization of $604.02 million, a price-to-earnings ratio of 18.09 and a beta of 1.14.

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

A number of institutional investors and hedge funds have recently added to or reduced their stakes in BBSC. JPMorgan Chase & Co. increased its stake in shares of JPMorgan BetaBuilders U.S. Small Cap Equity ETF by 12.6% in the 1st quarter. JPMorgan Chase & Co. now owns 6,232,482 shares of the company’s stock worth $377,190,000 after acquiring an additional 697,302 shares during the last quarter. Flow Traders U.S. LLC increased its holdings in shares of JPMorgan BetaBuilders U.S. Small Cap Equity ETF by 194.6% during the 2nd quarter. Flow Traders U.S. LLC now owns 93,444 shares of the company’s stock worth $6,165,000 after buying an additional 61,720 shares during the last quarter. Financial Engines Advisors L.L.C. acquired a new stake in shares of JPMorgan BetaBuilders U.S. Small Cap Equity ETF during the 1st quarter worth approximately $1,186,000. Susquehanna International Group LLP purchased a new stake in shares of JPMorgan BetaBuilders U.S. Small Cap Equity ETF during the 3rd quarter valued at approximately $1,261,000. Finally, LPL Financial LLC lifted its holdings in JPMorgan BetaBuilders U.S. Small Cap Equity ETF by 11.5% in the first quarter. LPL Financial LLC now owns 55,223 shares of the company’s stock valued at $3,342,000 after acquiring an additional 5,690 shares during the last quarter.

About JPMorgan BetaBuilders U.S. Small Cap Equity ETF

(Get Free Report)

The JPMorgan BetaBuilders U.S. Small Cap Equity ETF (BBSC) is an exchange-traded fund that mostly invests in small-cap stocks. The fund tracks a market-cap-weighted index of US small cap companies. BBSC was launched on Nov 16, 2020 and is managed by JPMorgan Chase.

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