JPMorgan BetaBuilders U.S. Small Cap Equity ETF (NYSEARCA:BBSC) Hits New 12-Month High – Here’s Why

JPMorgan BetaBuilders U.S. Small Cap Equity ETF (NYSEARCA:BBSC)’s stock price reached a new 52-week high during trading on Monday . The stock traded as high as $91.30 and last traded at $91.30, with a volume of 562 shares changing hands. The stock had previously closed at $91.03.

JPMorgan BetaBuilders U.S. Small Cap Equity ETF Trading Down 0.9%

The stock has a market capitalization of $789.08 million, a P/E ratio of 18.09 and a beta of 1.14. The business’s fifty day simple moving average is $85.56 and its two-hundred day simple moving average is $80.24.

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

Hedge funds have recently made changes to their positions in the stock. Geneos Wealth Management Inc. raised its holdings in 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 valued at $63,000 after acquiring an additional 228 shares in the last quarter. Bank of America Corp DE increased its position in shares of JPMorgan BetaBuilders U.S. Small Cap Equity ETF by 116.7% during the second quarter. Bank of America Corp DE now owns 2,251 shares of the company’s stock valued at $149,000 after purchasing an additional 1,212 shares during the period. Elevation Wealth Management LLC bought a new stake in shares of JPMorgan BetaBuilders U.S. Small Cap Equity ETF during the fourth quarter valued at approximately $226,000. Triad Wealth Partners LLC acquired a new position in shares of JPMorgan BetaBuilders U.S. Small Cap Equity ETF in the fourth quarter valued at $280,000. Finally, MGO One Seven LLC raised its stake in shares of 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 purchasing 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.