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

Shares of JPMorgan BetaBuilders U.S. Small Cap Equity ETF (NYSEARCA:BBSC) hit a new 52-week high during trading on Thursday . The company traded as high as $93.23 and last traded at $93.19, with a volume of 517 shares trading hands. The stock had previously closed at $92.05.

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

The company’s fifty day moving average is $89.66 and its two-hundred day moving average is $83.39. The firm has a market cap of $726.17 million, a price-to-earnings ratio of 18.09 and a beta of 1.14.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently modified their holdings of the stock. JPMorgan Chase & Co. lifted its position in shares of JPMorgan BetaBuilders U.S. Small Cap Equity ETF by 2.4% during the fourth quarter. JPMorgan Chase & Co. now owns 5,967,154 shares of the company’s stock worth $443,479,000 after purchasing an additional 137,846 shares in the last quarter. Farther Finance Advisors LLC grew its holdings in 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 purchasing an additional 21,091 shares in the last quarter. Susquehanna International Group LLP purchased a new stake in JPMorgan BetaBuilders U.S. Small Cap Equity ETF during the 3rd quarter worth $1,261,000. Janney Montgomery Scott LLC increased its stake in JPMorgan BetaBuilders U.S. Small Cap Equity ETF by 11.9% during the 1st quarter. Janney Montgomery Scott LLC now owns 127,594 shares of the company’s stock worth $9,578,000 after buying an additional 13,567 shares during the period. Finally, Jane Street Group LLC acquired a new position in JPMorgan BetaBuilders U.S. Small Cap Equity ETF in the 4th quarter worth $422,000.

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.