JPMorgan BetaBuilders U.S. Small Cap Equity ETF (NYSEARCA:BBSC) Trading Down 3% – Here’s Why

JPMorgan BetaBuilders U.S. Small Cap Equity ETF (NYSEARCA:BBSC)’s stock price traded down 3% during trading on Monday . The stock traded as low as $60.04 and last traded at $60.61. 11,967 shares were traded during trading, a decline of 31% from the average session volume of 17,248 shares. The stock had previously closed at $62.47.

JPMorgan BetaBuilders U.S. Small Cap Equity ETF Trading Up 0.3 %

The company has a 50 day moving average price of $67.70 and a 200 day moving average price of $68.46. The firm has a market cap of $453.78 million, a PE ratio of 17.64 and a beta of 1.14.

Institutional Investors Weigh In On JPMorgan BetaBuilders U.S. Small Cap Equity ETF

A number of institutional investors and hedge funds have recently bought and sold shares of BBSC. Sutton Place Investors LLC acquired a new position in JPMorgan BetaBuilders U.S. Small Cap Equity ETF in the 4th quarter valued at $203,000. Perigon Wealth Management LLC raised its holdings in JPMorgan BetaBuilders U.S. Small Cap Equity ETF by 124.6% in the 4th quarter. Perigon Wealth Management LLC now owns 11,652 shares of the company’s stock valued at $806,000 after acquiring an additional 6,463 shares during the last quarter. LPL Financial LLC raised its holdings in JPMorgan BetaBuilders U.S. Small Cap Equity ETF by 7.0% in the 4th quarter. LPL Financial LLC now owns 49,533 shares of the company’s stock valued at $3,374,000 after acquiring an additional 3,241 shares during the last quarter. Janney Montgomery Scott LLC raised its holdings 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 valued at $7,412,000 after acquiring an additional 20,213 shares during the last quarter. Finally, JPMorgan Chase & Co. increased its holdings in shares of JPMorgan BetaBuilders U.S. Small Cap Equity ETF by 3.8% during the 3rd quarter. JPMorgan Chase & Co. now owns 5,892,047 shares of the company’s stock worth $397,183,000 after buying an additional 213,437 shares during the last quarter.

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.