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

Shares of JPMorgan BetaBuilders U.S. Mid Cap Equity ETF (NYSEARCA:BBMC) saw strong trading volume on Wednesday . 53,487 shares changed hands during trading, an increase of 19% from the previous session’s volume of 44,932 shares.The stock last traded at $90.75 and had previously closed at $90.12.

JPMorgan BetaBuilders U.S. Mid Cap Equity ETF Trading Up 0.3 %

The firm has a market cap of $1.77 billion, a price-to-earnings ratio of 17.65 and a beta of 1.12. The company’s 50-day moving average is $96.16 and its 200-day moving average is $97.29.

JPMorgan BetaBuilders U.S. Mid Cap Equity ETF Cuts Dividend

The firm also recently declared a dividend, which was paid on Thursday, March 27th. Stockholders of record on Tuesday, March 25th were paid a $0.1961 dividend. The ex-dividend date was Tuesday, March 25th.

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

Several institutional investors and hedge funds have recently modified their holdings of the business. Global Retirement Partners LLC lifted its stake in JPMorgan BetaBuilders U.S. Mid Cap Equity ETF by 1,072.7% in the 4th quarter. Global Retirement Partners LLC now owns 516 shares of the company’s stock valued at $50,000 after purchasing an additional 472 shares during the last quarter. AdvisorNet Financial Inc acquired a new position in shares of JPMorgan BetaBuilders U.S. Mid Cap Equity ETF during the fourth quarter worth $56,000. Richardson Financial Services Inc. lifted its stake in shares of JPMorgan BetaBuilders U.S. Mid Cap Equity ETF by 1,126.3% in the 4th quarter. Richardson Financial Services Inc. now owns 699 shares of the company’s stock valued at $67,000 after acquiring an additional 642 shares during the last quarter. IFP Advisors Inc boosted its holdings in shares of JPMorgan BetaBuilders U.S. Mid Cap Equity ETF by 28.8% during the 4th quarter. IFP Advisors Inc now owns 729 shares of the company’s stock valued at $70,000 after acquiring an additional 163 shares in the last quarter. Finally, Farther Finance Advisors LLC grew its position in JPMorgan BetaBuilders U.S. Mid Cap Equity ETF by 143.3% during the 4th quarter. Farther Finance Advisors LLC now owns 944 shares of the company’s stock worth $91,000 after acquiring an additional 556 shares during the last quarter.

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.