Sutton Place Investors LLC Acquires New Position in JPMorgan BetaBuilders U.S. Mid Cap Equity ETF (NYSEARCA:BBMC)

Sutton Place Investors LLC bought a new position in shares of JPMorgan BetaBuilders U.S. Mid Cap Equity ETF (NYSEARCA:BBMC) during the 1st quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor bought 2,298 shares of the company’s stock, valued at approximately $212,000.

A number of other large investors also recently modified their holdings of BBMC. Janney Montgomery Scott LLC bought a new position in shares of JPMorgan BetaBuilders U.S. Mid Cap Equity ETF during the 4th quarter valued at $6,294,000. Lincoln National Corp purchased a new stake in JPMorgan BetaBuilders U.S. Mid Cap Equity ETF during the fourth quarter valued at about $1,811,000. IAG Wealth Partners LLC grew its stake in shares of JPMorgan BetaBuilders U.S. Mid Cap Equity ETF by 424.4% during the fourth quarter. IAG Wealth Partners LLC now owns 5,543 shares of the company’s stock valued at $470,000 after buying an additional 4,486 shares during the last quarter. Vestmark Advisory Solutions Inc. grew its stake in shares of JPMorgan BetaBuilders U.S. Mid Cap Equity ETF by 45.9% during the third quarter. Vestmark Advisory Solutions Inc. now owns 15,101 shares of the company’s stock valued at $1,137,000 after buying an additional 4,751 shares during the last quarter. Finally, TBH Global Asset Management LLC purchased a new position in shares of JPMorgan BetaBuilders U.S. Mid Cap Equity ETF in the third quarter worth about $1,012,000.

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

BBMC stock traded down $1.66 during trading on Tuesday, hitting $86.26. 2,624 shares of the company traded hands, compared to its average volume of 41,371. The company has a 50-day moving average of $88.95 and a 200-day moving average of $83.09. JPMorgan BetaBuilders U.S. Mid Cap Equity ETF has a 1 year low of $69.79 and a 1 year high of $92.80. The firm has a market capitalization of $1.59 billion, a PE ratio of 15.95 and a beta of 1.15.

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.