JPMorgan BetaBuilders U.S. Small Cap Equity ETF (NYSEARCA:BBSC) Reaches New 52-Week High – What’s Next?

Shares of JPMorgan BetaBuilders U.S. Small Cap Equity ETF (NYSEARCA:BBSC) hit a new 52-week high during trading on Wednesday . The stock traded as high as $71.16 and last traded at $71.16, with a volume of 17738 shares. The stock had previously closed at $68.30.

JPMorgan BetaBuilders U.S. Small Cap Equity ETF Trading Up 0.7 %

The firm’s 50 day simple moving average is $66.75 and its 200 day simple moving average is $63.96. The firm has a market cap of $558.22 million, a PE ratio of 11.61 and a beta of 1.29.

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

A number of large investors have recently made changes to their positions in the business. Janney Montgomery Scott LLC increased its holdings in shares of JPMorgan BetaBuilders U.S. Small Cap Equity ETF by 9.7% in the 3rd quarter. Janney Montgomery Scott LLC now owns 88,585 shares of the company’s stock worth $5,972,000 after buying an additional 7,867 shares during the last quarter. Ascent Group LLC bought a new position in JPMorgan BetaBuilders U.S. Small Cap Equity ETF during the 1st quarter valued at about $205,000. Key Financial Inc grew its holdings in JPMorgan BetaBuilders U.S. Small Cap Equity ETF by 32.0% during the 3rd quarter. Key Financial Inc now owns 709 shares of the company’s stock valued at $48,000 after purchasing an additional 172 shares during the last quarter. Finally, Geneos Wealth Management Inc. grew its holdings in JPMorgan BetaBuilders U.S. Small Cap Equity ETF by 454.0% during the 1st quarter. Geneos Wealth Management Inc. now owns 554 shares of the company’s stock valued at $35,000 after purchasing an additional 454 shares during the last quarter.

About JPMorgan BetaBuilders U.S. Small Cap Equity ETF

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.