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

by · The Cerbat Gem

JPMorgan BetaBuilders U.S. Small Cap Equity ETF (NYSEARCA:BBSC – Get Free Report)’s stock price hit a new 52-week high during trading on Tuesday . The stock traded as high as $86.67 and last traded at $86.67, with a volume of 123 shares changing hands. The stock had previously closed at $85.28.

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

The company has a market capitalization of $762.39 million, a P/E ratio of 18.09 and a beta of 1.15. The firm’s fifty day moving average is $80.62 and its 200 day moving average is $78.07.

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

A number of hedge funds have recently added to or reduced their stakes in the stock. Geneos Wealth Management Inc. grew its stake in JPMorgan BetaBuilders U.S. Small Cap Equity ETF by 27.8% in the 1st quarter. Geneos Wealth Management Inc. now owns 1,048 shares of the company’s stock worth $63,000 after acquiring an additional 228 shares in the last quarter. MGO One Seven LLC grew its stake in JPMorgan BetaBuilders U.S. Small Cap Equity ETF by 8.7% in the 4th quarter. MGO One Seven LLC now owns 4,967 shares of the company’s stock worth $369,000 after acquiring an additional 398 shares in the last quarter. Triad Wealth Partners LLC grew its stake in JPMorgan BetaBuilders U.S. Small Cap Equity ETF by 18.3% in the 1st quarter. Triad Wealth Partners LLC now owns 4,448 shares of the company’s stock worth $334,000 after acquiring an additional 687 shares in the last quarter. Bank of America Corp DE grew its stake in JPMorgan BetaBuilders U.S. Small Cap Equity ETF by 116.7% in the 2nd quarter. Bank of America Corp DE now owns 2,251 shares of the company’s stock worth $149,000 after acquiring an additional 1,212 shares in the last quarter. Finally, Financial Engines Advisors L.L.C. grew its stake in JPMorgan BetaBuilders U.S. Small Cap Equity ETF by 9.8% in the 3rd quarter. Financial Engines Advisors L.L.C. now owns 21,577 shares of the company’s stock worth $1,600,000 after acquiring an additional 1,920 shares in the last quarter.

JPMorgan BetaBuilders U.S. Small Cap Equity ETF Company Profile

(Get Free Report)

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.

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