JPMorgan BetaBuilders U.S. Small Cap Equity ETF (NYSEARCA:BBSC) Sets New 12-Month High – Should You Buy?

JPMorgan BetaBuilders U.S. Small Cap Equity ETF (NYSEARCA:BBSC)’s share price hit a new 52-week high on Thursday . The stock traded as high as $93.23 and last traded at $93.19, with a volume of 517 shares changing hands. The stock had previously closed at $92.05.

JPMorgan BetaBuilders U.S. Small Cap Equity ETF Stock Up 0.2%

The company has a 50 day moving average of $89.66 and a 200 day moving average of $83.39. The firm has a market cap of $726.17 million, a price-to-earnings ratio of 18.09 and a beta of 1.14.

Institutional Investors Weigh In On JPMorgan BetaBuilders U.S. Small Cap Equity ETF

Several hedge funds and other institutional investors have recently bought and sold shares of BBSC. Geneos Wealth Management Inc. boosted its stake in shares of JPMorgan BetaBuilders U.S. Small Cap Equity ETF by 27.8% during the 1st quarter. Geneos Wealth Management Inc. now owns 1,048 shares of the company’s stock valued at $63,000 after buying an additional 228 shares during the last quarter. Bank of America Corp DE increased its stake 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 buying an additional 1,212 shares during the last quarter. Elevation Wealth Management LLC acquired a new stake in JPMorgan BetaBuilders U.S. Small Cap Equity ETF in the fourth quarter valued at $226,000. Triad Wealth Partners LLC raised its holdings in JPMorgan BetaBuilders U.S. Small Cap Equity ETF by 18.3% in the first quarter. Triad Wealth Partners LLC now owns 4,448 shares of the company’s stock valued at $334,000 after acquiring an additional 687 shares in the last quarter. Finally, MGO One Seven LLC raised its holdings in JPMorgan BetaBuilders U.S. Small Cap Equity ETF by 8.7% in the fourth quarter. MGO One Seven LLC now owns 4,967 shares of the company’s stock valued at $369,000 after acquiring an additional 398 shares in the last quarter.

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

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.