Sutton Place Investors LLC Invests $212,000 in JPMorgan BetaBuilders U.S. Mid Cap Equity ETF (NYSEARCA:BBMC)

Sutton Place Investors LLC acquired a new position in shares of JPMorgan BetaBuilders U.S. Mid Cap Equity ETF (NYSEARCA:BBMC) during the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund acquired 2,298 shares of the company’s stock, valued at approximately $212,000.

Several other hedge funds and other institutional investors also recently made changes to their positions in the company. Janney Montgomery Scott LLC acquired a new position in JPMorgan BetaBuilders U.S. Mid Cap Equity ETF during the 4th quarter worth approximately $6,294,000. Lincoln National Corp purchased a new position in JPMorgan BetaBuilders U.S. Mid Cap Equity ETF during the 4th quarter worth $1,811,000. Vestmark Advisory Solutions Inc. raised its holdings in shares of JPMorgan BetaBuilders U.S. Mid Cap Equity ETF by 45.9% in the third quarter. Vestmark Advisory Solutions Inc. now owns 15,101 shares of the company’s stock valued at $1,137,000 after purchasing an additional 4,751 shares during the last quarter. TBH Global Asset Management LLC bought a new stake in shares of JPMorgan BetaBuilders U.S. Mid Cap Equity ETF during the 3rd quarter worth $1,012,000. Finally, IAG Wealth Partners LLC raised its position in JPMorgan BetaBuilders U.S. Mid Cap Equity ETF by 424.4% in the fourth quarter. IAG Wealth Partners LLC now owns 5,543 shares of the company’s stock worth $470,000 after acquiring an additional 4,486 shares during the period.

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

NYSEARCA BBMC traded down $1.66 on Tuesday, hitting $86.26. The stock had a trading volume of 2,624 shares, compared to its average volume of 41,371. JPMorgan BetaBuilders U.S. Mid Cap Equity ETF has a 52-week low of $69.79 and a 52-week high of $92.80. The firm has a 50-day moving average of $88.95 and a 200-day moving average of $83.09. The company has a market capitalization of $1.59 billion, a price-to-earnings ratio of 15.95 and a beta of 1.15.

JPMorgan BetaBuilders U.S. Mid Cap Equity ETF Company 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.