JPMorgan BetaBuilders U.S. Mid Cap Equity ETF (NYSEARCA:BBMC) Short Interest Down 66.7% in December

JPMorgan BetaBuilders U.S. Mid Cap Equity ETF (NYSEARCA:BBMC) was the recipient of a large decrease in short interest in the month of December. As of December 31st, there was short interest totaling 7,918 shares, a decrease of 66.7% from the December 15th total of 23,762 shares. Approximately 0.0% of the shares of the company are sold short. Based on an average daily volume of 176,544 shares, the short-interest ratio is presently 0.0 days. Based on an average daily volume of 176,544 shares, the short-interest ratio is presently 0.0 days. Approximately 0.0% of the shares of the company are sold short.

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

NYSEARCA BBMC opened at $112.53 on Tuesday. The firm’s fifty day moving average is $106.75 and its two-hundred day moving average is $103.93. JPMorgan BetaBuilders U.S. Mid Cap Equity ETF has a one year low of $77.29 and a one year high of $112.62. The firm has a market cap of $1.90 billion, a PE ratio of 18.31 and a beta of 1.12.

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

Several institutional investors and hedge funds have recently added to or reduced their stakes in BBMC. Janney Montgomery Scott LLC grew its stake in shares of JPMorgan BetaBuilders U.S. Mid Cap Equity ETF by 1.9% during the 2nd quarter. Janney Montgomery Scott LLC now owns 174,864 shares of the company’s stock worth $17,041,000 after purchasing an additional 3,198 shares during the period. Flow Traders U.S. LLC boosted its holdings in JPMorgan BetaBuilders U.S. Mid Cap Equity ETF by 50.1% during the third quarter. Flow Traders U.S. LLC now owns 29,366 shares of the company’s stock worth $3,054,000 after buying an additional 9,807 shares in the last quarter. Jane Street Group LLC acquired a new position in JPMorgan BetaBuilders U.S. Mid Cap Equity ETF during the first quarter worth about $1,592,000. Goldman Sachs Group Inc. increased its holdings in JPMorgan BetaBuilders U.S. Mid Cap Equity ETF by 235.3% in the first quarter. Goldman Sachs Group Inc. now owns 15,340 shares of the company’s stock valued at $1,382,000 after buying an additional 10,765 shares in the last quarter. Finally, ACT Advisors LLC. increased its holdings in JPMorgan BetaBuilders U.S. Mid Cap Equity ETF by 0.9% in the second quarter. ACT Advisors LLC. now owns 14,202 shares of the company’s stock valued at $1,384,000 after buying an additional 126 shares in the last quarter.

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.