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

JPMorgan BetaBuilders U.S. Mid Cap Equity ETF (NYSEARCA:BBMC) saw strong trading volume on Monday . 33,678 shares changed hands during mid-day trading, a decline of 7% from the previous session’s volume of 36,363 shares.The stock last traded at $96.79 and had previously closed at $97.27.

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

The firm has a market cap of $1.78 billion, a PE ratio of 16.22 and a beta of 1.15. The stock has a 50 day moving average price of $99.62 and a two-hundred day moving average price of $93.62.

Institutional Investors Weigh In On 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 bought a new stake in JPMorgan BetaBuilders U.S. Mid Cap Equity ETF (NYSEARCA:BBMC) during the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor bought 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 SEC filing.

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.