JPMorgan BetaBuilders U.S. Small Cap Equity ETF (NYSEARCA:BBSC) Hits New 1-Year High – Should You Buy?

JPMorgan BetaBuilders U.S. Small Cap Equity ETF (NYSEARCA:BBSC)’s share price reached a new 52-week high on Monday . The stock traded as high as $75.29 and last traded at $75.29, with a volume of 575 shares traded. The stock had previously closed at $73.59.

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

The stock has a market cap of $567.86 million, a P/E ratio of 11.61 and a beta of 1.29. The firm’s fifty day moving average price is $68.73 and its two-hundred day moving average price is $65.12.

Institutional Inflows and Outflows

A hedge fund recently raised its stake in JPMorgan BetaBuilders U.S. Small Cap Equity ETF stock. Janney Montgomery Scott LLC raised its holdings in shares of JPMorgan BetaBuilders U.S. Small Cap Equity ETF (NYSEARCA:BBSC) by 9.7% in the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 88,585 shares of the company’s stock after buying an additional 7,867 shares during the period. Janney Montgomery Scott LLC owned about 1.16% of JPMorgan BetaBuilders U.S. Small Cap Equity ETF worth $5,972,000 at the end of the most recent reporting period.

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.