JPMorgan Chase & Co. Sells 356,867 Shares of JPMorgan BetaBuilders U.S. Small Cap Equity ETF (NYSEARCA:BBSC)

JPMorgan Chase & Co. lowered its stake in JPMorgan BetaBuilders U.S. Small Cap Equity ETF (NYSEARCA:BBSC) by 6.1% in the 4th quarter, Holdings Channel reports. The firm owned 5,535,180 shares of the company’s stock after selling 356,867 shares during the quarter. JPMorgan Chase & Co. owned 0.72% of JPMorgan BetaBuilders U.S. Small Cap Equity ETF worth $377,071,000 at the end of the most recent reporting period.

A number of other hedge funds have also added to or reduced their stakes in BBSC. Sutton Place Investors LLC purchased a new position in shares of JPMorgan BetaBuilders U.S. Small Cap Equity ETF during the 4th quarter valued at $203,000. Perigon Wealth Management LLC boosted its stake in JPMorgan BetaBuilders U.S. Small Cap Equity ETF by 124.6% during the fourth quarter. Perigon Wealth Management LLC now owns 11,652 shares of the company’s stock valued at $806,000 after buying an additional 6,463 shares during the period. LPL Financial LLC grew its position in JPMorgan BetaBuilders U.S. Small Cap Equity ETF by 7.0% during the fourth quarter. LPL Financial LLC now owns 49,533 shares of the company’s stock worth $3,374,000 after buying an additional 3,241 shares in the last quarter. Finally, Janney Montgomery Scott LLC increased its stake in JPMorgan BetaBuilders U.S. Small Cap Equity ETF by 22.8% in the 4th quarter. Janney Montgomery Scott LLC now owns 108,798 shares of the company’s stock worth $7,412,000 after acquiring an additional 20,213 shares during the last quarter.

JPMorgan BetaBuilders U.S. Small Cap Equity ETF Stock Down 2.3 %

NYSEARCA:BBSC opened at $60.62 on Friday. The stock has a market cap of $480.72 million, a P/E ratio of 17.41 and a beta of 1.15. The business’s 50-day moving average price is $66.15 and its two-hundred day moving average price is $68.19. JPMorgan BetaBuilders U.S. Small Cap Equity ETF has a twelve month low of $57.36 and a twelve month high of $75.29.

JPMorgan BetaBuilders U.S. Small Cap Equity ETF Cuts Dividend

The business also recently announced a dividend, which was paid on Thursday, March 27th. Investors of record on Tuesday, March 25th were paid a $0.1165 dividend. The ex-dividend date of this dividend was Tuesday, March 25th.

About JPMorgan BetaBuilders U.S. Small Cap Equity ETF

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.