MassMutual Private Wealth & Trust FSB Increases Stock Position in JPMorgan BetaBuilders U.S. Mid Cap Equity ETF (NYSEARCA:BBMC)

MassMutual Private Wealth & Trust FSB lifted its holdings in shares of JPMorgan BetaBuilders U.S. Mid Cap Equity ETF (NYSEARCA:BBMC) by 390.7% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 7,076 shares of the company’s stock after purchasing an additional 5,634 shares during the period. MassMutual Private Wealth & Trust FSB’s holdings in JPMorgan BetaBuilders U.S. Mid Cap Equity ETF were worth $681,000 as of its most recent SEC filing.

Several other institutional investors have also recently modified their holdings of BBMC. AdvisorNet Financial Inc purchased a new position in JPMorgan BetaBuilders U.S. Mid Cap Equity ETF during the fourth quarter worth $56,000. Lake Street Private Wealth LLC acquired a new stake in shares of JPMorgan BetaBuilders U.S. Mid Cap Equity ETF during the fourth quarter valued at $324,000. Sanctuary Advisors LLC purchased a new stake in JPMorgan BetaBuilders U.S. Mid Cap Equity ETF during the 3rd quarter worth about $991,000. Park Avenue Securities LLC acquired a new position in JPMorgan BetaBuilders U.S. Mid Cap Equity ETF in the 4th quarter valued at about $1,244,000. Finally, ACT Advisors LLC. lifted its holdings in JPMorgan BetaBuilders U.S. Mid Cap Equity ETF by 49.0% in the 4th quarter. ACT Advisors LLC. now owns 13,820 shares of the company’s stock valued at $1,330,000 after purchasing an additional 4,546 shares in the last quarter.

JPMorgan BetaBuilders U.S. Mid Cap Equity ETF Price Performance

NYSEARCA:BBMC opened at $101.55 on Wednesday. The firm has a 50 day simple moving average of $99.98 and a 200-day simple moving average of $95.17. The firm has a market cap of $1.87 billion, a PE ratio of 16.22 and a beta of 1.15. JPMorgan BetaBuilders U.S. Mid Cap Equity ETF has a 1-year low of $82.55 and a 1-year high of $105.68.

JPMorgan BetaBuilders U.S. Mid Cap Equity ETF Profile

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.