Janney Montgomery Scott LLC Purchases 159,345 Shares of JPMorgan BetaBuilders U.S. Mid Cap Equity ETF (NYSEARCA:BBMC)

Janney Montgomery Scott LLC grew its position in shares of JPMorgan BetaBuilders U.S. Mid Cap Equity ETF (NYSEARCA:BBMC) by 113.7% during the 4th quarter, Holdings Channel.com reports. The institutional investor owned 299,454 shares of the company’s stock after buying an additional 159,345 shares during the quarter. Janney Montgomery Scott LLC’s holdings in JPMorgan BetaBuilders U.S. Mid Cap Equity ETF were worth $28,816,000 at the end of the most recent reporting period.

Several other large investors have also recently added to or reduced their stakes in BBMC. ACT Advisors LLC. grew its stake in shares of JPMorgan BetaBuilders U.S. Mid Cap Equity ETF by 49.0% during the fourth quarter. ACT Advisors LLC. now owns 13,820 shares of the company’s stock valued at $1,330,000 after purchasing an additional 4,546 shares during the last quarter. Park Avenue Securities LLC acquired a new stake in shares of JPMorgan BetaBuilders U.S. Mid Cap Equity ETF in the fourth quarter valued at approximately $1,244,000. Sanctuary Advisors LLC acquired a new stake in shares of JPMorgan BetaBuilders U.S. Mid Cap Equity ETF in the third quarter valued at approximately $991,000. MassMutual Private Wealth & Trust FSB increased its holdings in shares of JPMorgan BetaBuilders U.S. Mid Cap Equity ETF by 390.7% in the fourth quarter. MassMutual Private Wealth & Trust FSB now owns 7,076 shares of the company’s stock valued at $681,000 after purchasing an additional 5,634 shares in the last quarter. Finally, Lake Street Private Wealth LLC acquired a new stake in shares of JPMorgan BetaBuilders U.S. Mid Cap Equity ETF in the fourth quarter valued at approximately $324,000.

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

Shares of JPMorgan BetaBuilders U.S. Mid Cap Equity ETF stock opened at $101.30 on Friday. The firm has a market cap of $1.86 billion, a P/E ratio of 16.22 and a beta of 1.15. The firm has a 50 day simple moving average of $100.06 and a 200 day simple moving average of $95.35. JPMorgan BetaBuilders U.S. Mid Cap Equity ETF has a fifty-two week low of $82.55 and a fifty-two week high of $105.68.

About JPMorgan BetaBuilders U.S. Mid Cap Equity ETF

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.