JPMorgan BetaBuilders U.S. Small Cap Equity ETF (NYSEARCA:BBSC) Hits New 1-Year High – Here’s Why

by · The Markets Daily

JPMorgan BetaBuilders U.S. Small Cap Equity ETF (NYSEARCA:BBSCGet Free Report)’s share price reached a new 52-week high on Monday . The company traded as high as $89.73 and last traded at $89.73, with a volume of 272 shares traded. The stock had previously closed at $88.91.

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

The company has a 50-day simple moving average of $84.59 and a 200-day simple moving average of $79.75. The firm has a market cap of $785.14 million, a PE ratio of 18.09 and a beta of 1.14.

Institutional Trading of JPMorgan BetaBuilders U.S. Small Cap Equity ETF

Hedge funds and other institutional investors have recently bought and sold shares of the business. Geneos Wealth Management Inc. lifted its position in shares of JPMorgan BetaBuilders U.S. Small Cap Equity ETF by 27.8% during the first quarter. Geneos Wealth Management Inc. now owns 1,048 shares of the company’s stock worth $63,000 after purchasing an additional 228 shares during the last quarter. Bank of America Corp DE grew its holdings in shares of JPMorgan BetaBuilders U.S. Small Cap Equity ETF by 116.7% in the second quarter. Bank of America Corp DE now owns 2,251 shares of the company’s stock worth $149,000 after purchasing an additional 1,212 shares during the last quarter. Elevation Wealth Management LLC purchased a new position in JPMorgan BetaBuilders U.S. Small Cap Equity ETF in the 4th quarter worth about $226,000. Triad Wealth Partners LLC bought a new stake in JPMorgan BetaBuilders U.S. Small Cap Equity ETF during the 4th quarter valued at about $280,000. Finally, MGO One Seven LLC lifted its holdings in JPMorgan BetaBuilders U.S. Small Cap Equity ETF by 8.7% during the 4th quarter. MGO One Seven LLC now owns 4,967 shares of the company’s stock valued at $369,000 after buying an additional 398 shares in the last quarter.

JPMorgan BetaBuilders U.S. Small Cap Equity ETF Company Profile

(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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