JPMorgan BetaBuilders U.S. Mid Cap Equity ETF (NYSEARCA:BBMC) Sees Large Volume Increase – Still a Buy?

Shares of JPMorgan BetaBuilders U.S. Mid Cap Equity ETF (NYSEARCA:BBMC) saw strong trading volume on Monday . 8,212 shares traded hands during mid-day trading, an increase of 40% from the previous session’s volume of 5,868 shares.The stock last traded at $98.55 and had previously closed at $97.42.

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

The company has a market capitalization of $1.79 billion, a P/E ratio of 16.22 and a beta of 1.15. The business has a 50 day simple moving average of $99.85 and a 200-day simple moving average of $94.27.

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

A hedge fund recently bought a new stake in JPMorgan BetaBuilders U.S. Mid Cap Equity ETF stock. Sanctuary Advisors LLC acquired a new stake in shares of JPMorgan BetaBuilders U.S. Mid Cap Equity ETF (NYSEARCA:BBMC) in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor acquired 9,568 shares of the company’s stock, valued at approximately $991,000. Sanctuary Advisors LLC owned about 0.05% of JPMorgan BetaBuilders U.S. Mid Cap Equity ETF as of its most recent filing with the Securities and Exchange Commission.

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.