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

JPMorgan BetaBuilders U.S. Small Cap Equity ETF (NYSEARCA:BBSC) shares hit a new 52-week high during mid-day trading on Friday . The company traded as high as $83.02 and last traded at $83.02, with a volume of 704 shares changing hands. The stock had previously closed at $80.72.

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

The stock has a market cap of $725.55 million, a P/E ratio of 18.09 and a beta of 1.14. The stock has a 50-day moving average price of $77.39 and a 200-day moving average price of $76.33.

Hedge Funds Weigh In On JPMorgan BetaBuilders U.S. Small Cap Equity ETF

A number of large investors have recently modified their holdings of the company. JPMorgan Chase & Co. raised its holdings in shares of JPMorgan BetaBuilders U.S. Small Cap Equity ETF by 2.4% during the 4th quarter. JPMorgan Chase & Co. now owns 5,967,154 shares of the company’s stock valued at $443,479,000 after buying an additional 137,846 shares in the last quarter. LPL Financial LLC raised its holdings in shares of JPMorgan BetaBuilders U.S. Small Cap Equity ETF by 4.3% during the 4th quarter. LPL Financial LLC now owns 59,929 shares of the company’s stock valued at $4,454,000 after buying an additional 2,472 shares in the last quarter. Financial Engines Advisors L.L.C. raised its holdings in shares of JPMorgan BetaBuilders U.S. Small Cap Equity ETF by 9.8% during the 3rd quarter. Financial Engines Advisors L.L.C. now owns 21,577 shares of the company’s stock valued at $1,600,000 after buying an additional 1,920 shares in the last quarter. Farther Finance Advisors LLC raised its holdings in shares of JPMorgan BetaBuilders U.S. Small Cap Equity ETF by 52,727.5% during the 4th quarter. Farther Finance Advisors LLC now owns 21,131 shares of the company’s stock valued at $1,570,000 after buying an additional 21,091 shares in the last quarter. Finally, Susquehanna International Group LLP purchased a new position in shares of JPMorgan BetaBuilders U.S. Small Cap Equity ETF during the 3rd quarter valued at about $1,261,000.

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.