JPMorgan BetaBuilders U.S. Small Cap Equity ETF (NYSEARCA:BBSC) Sees Strong Trading Volume – What’s Next?

Shares of JPMorgan BetaBuilders U.S. Small Cap Equity ETF (NYSEARCA:BBSC) saw an uptick in trading volume on Thursday . Approximately 6,136 shares traded hands during mid-day trading, a decline of 8% from the previous session’s volume of 6,671 shares.The stock last traded at $70.71 and had previously closed at $69.86.

JPMorgan BetaBuilders U.S. Small Cap Equity ETF Stock Down 1.1 %

The company’s fifty day simple moving average is $70.20 and its two-hundred day simple moving average is $68.22. The company has a market capitalization of $531.37 million, a price-to-earnings ratio of 11.61 and a beta of 1.29.

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

Several hedge funds have recently added to or reduced their stakes in BBSC. Key Financial Inc grew its stake in JPMorgan BetaBuilders U.S. Small Cap Equity ETF by 32.0% in the third quarter. Key Financial Inc now owns 709 shares of the company’s stock valued at $48,000 after acquiring an additional 172 shares during the period. Janney Montgomery Scott LLC lifted its holdings in shares of JPMorgan BetaBuilders U.S. Small Cap Equity ETF by 9.7% during the 3rd quarter. Janney Montgomery Scott LLC now owns 88,585 shares of the company’s stock valued at $5,972,000 after purchasing an additional 7,867 shares in the last quarter. JPMorgan Chase & Co. grew its position in shares of JPMorgan BetaBuilders U.S. Small Cap Equity ETF by 3.8% in the 3rd quarter. JPMorgan Chase & Co. now owns 5,892,047 shares of the company’s stock valued at $397,183,000 after purchasing an additional 213,437 shares during the period. Perigon Wealth Management LLC increased its stake in JPMorgan BetaBuilders U.S. Small Cap Equity ETF by 124.6% during the 4th quarter. Perigon Wealth Management LLC now owns 11,652 shares of the company’s stock worth $806,000 after purchasing an additional 6,463 shares in the last quarter. Finally, Sutton Place Investors LLC acquired a new stake in JPMorgan BetaBuilders U.S. Small Cap Equity ETF during the 4th quarter worth approximately $203,000.

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.