JPMorgan BetaBuilders U.S. Mid Cap Equity ETF (NYSEARCA:BBMC) Sees Strong Trading Volume – Here’s What Happened

JPMorgan BetaBuilders U.S. Mid Cap Equity ETF (NYSEARCA:BBMC) shares saw strong trading volume on Wednesday . 280,986 shares were traded during trading, an increase of 593% from the previous session’s volume of 40,553 shares.The stock last traded at $108.7560 and had previously closed at $108.82.

JPMorgan BetaBuilders U.S. Mid Cap Equity ETF Trading Up 0.1%

The stock has a fifty day moving average of $105.47 and a 200-day moving average of $102.56. The firm has a market capitalization of $2.04 billion, a price-to-earnings ratio of 18.31 and a beta of 1.12.

Institutional Inflows and Outflows

Large investors have recently bought and sold shares of the business. Mattson Financial Services LLC acquired a new stake in JPMorgan BetaBuilders U.S. Mid Cap Equity ETF during the 1st quarter worth about $37,000. Geneos Wealth Management Inc. boosted its holdings in shares of JPMorgan BetaBuilders U.S. Mid Cap Equity ETF by 26.5% during the first quarter. Geneos Wealth Management Inc. now owns 1,260 shares of the company’s stock worth $114,000 after purchasing an additional 264 shares during the period. Raymond James Financial Inc. acquired a new stake in shares of JPMorgan BetaBuilders U.S. Mid Cap Equity ETF during the second quarter worth approximately $144,000. Thrive Wealth Management LLC purchased a new position in JPMorgan BetaBuilders U.S. Mid Cap Equity ETF during the second quarter valued at approximately $216,000. Finally, Steward Partners Investment Advisory LLC increased its stake in JPMorgan BetaBuilders U.S. Mid Cap Equity ETF by 8.2% in the 2nd quarter. Steward Partners Investment Advisory LLC now owns 3,207 shares of the company’s stock valued at $313,000 after buying an additional 243 shares during the period.

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.