JPMorgan BetaBuilders U.S. Small Cap Equity ETF (NYSEARCA:BBSC) Sees Large Volume Increase – Here’s What Happened

by · The Markets Daily

JPMorgan BetaBuilders U.S. Small Cap Equity ETF (NYSEARCA:BBSC – Get Free Report) saw unusually-high trading volume on Monday . Approximately 6,945 shares were traded during trading, an increase of 161% from the previous session’s volume of 2,658 shares.The stock last traded at $76.26 and had previously closed at $75.06.

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

The stock has a 50 day moving average price of $74.71 and a 200 day moving average price of $72.26. The company has a market capitalization of $605.87 million, a P/E ratio of 18.09 and a beta of 1.14.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently modified their holdings of BBSC. Geneos Wealth Management Inc. raised its holdings in shares of JPMorgan BetaBuilders U.S. Small Cap Equity ETF by 27.8% in the 1st 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 period. Northwestern Mutual Wealth Management Co. increased its position in JPMorgan BetaBuilders U.S. Small Cap Equity ETF by 650.0% in the first quarter. Northwestern Mutual Wealth Management Co. now owns 435 shares of the company’s stock worth $26,000 after buying an additional 377 shares during the last quarter. MGO One Seven LLC raised its stake in shares of JPMorgan BetaBuilders U.S. Small Cap Equity ETF by 10.9% in the third quarter. MGO One Seven LLC now owns 4,569 shares of the company’s stock valued at $339,000 after buying an additional 448 shares during the period. Steward Partners Investment Advisory LLC purchased a new position in shares of JPMorgan BetaBuilders U.S. Small Cap Equity ETF during the 2nd quarter valued at $39,000. Finally, Bank of America Corp DE lifted its position in shares of JPMorgan BetaBuilders U.S. Small Cap Equity ETF by 116.7% during the 2nd quarter. Bank of America Corp DE now owns 2,251 shares of the company’s stock valued at $149,000 after buying an additional 1,212 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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