JPMorgan BetaBuilders U.S. Small Cap Equity ETF (NYSEARCA:BBSC) Reaches New 1-Year High – Time to Buy?

JPMorgan BetaBuilders U.S. Small Cap Equity ETF (NYSEARCA:BBSC)’s stock price hit a new 52-week high during trading on Thursday . The company traded as high as $15,376,066.56 and last traded at $77.6660, with a volume of 40 shares changing hands. The stock had previously closed at $78.65.

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

The firm has a fifty day simple moving average of $77.06 and a 200 day simple moving average of $74.12. The company has a market cap of $664.98 million, a PE ratio of 18.09 and a beta of 1.14.

Institutional Inflows and Outflows

Several hedge funds have recently added to or reduced their stakes in BBSC. Flow Traders U.S. LLC grew its stake in shares of JPMorgan BetaBuilders U.S. Small Cap Equity ETF by 194.6% in the second quarter. Flow Traders U.S. LLC now owns 93,444 shares of the company’s stock valued at $6,165,000 after buying an additional 61,720 shares in the last quarter. Farther Finance Advisors LLC grew its position in JPMorgan BetaBuilders U.S. Small Cap Equity ETF by 52,727.5% in the fourth quarter. Farther Finance Advisors LLC now owns 21,131 shares of the company’s stock valued at $1,570,000 after acquiring an additional 21,091 shares in the last quarter. Susquehanna International Group LLP acquired a new stake in JPMorgan BetaBuilders U.S. Small Cap Equity ETF in the third quarter valued at approximately $1,261,000. MGO One Seven LLC purchased a new stake in shares of JPMorgan BetaBuilders U.S. Small Cap Equity ETF during the second quarter valued at approximately $272,000. Finally, Osaic Holdings Inc. lifted its position in shares of JPMorgan BetaBuilders U.S. Small Cap Equity ETF by 42.3% during the second quarter. Osaic Holdings Inc. now owns 13,445 shares of the company’s stock worth $887,000 after purchasing an additional 3,997 shares in the last quarter.

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.