Prosperity Wealth Management Inc. grew its stake in shares of JPMorgan BetaBuilders U.S. Mid Cap Equity ETF (NYSEARCA:BBMC – Free Report) by 13.1% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 7,782 shares of the company’s stock after purchasing an additional 902 shares during the quarter. Prosperity Wealth Management Inc.’s holdings in JPMorgan BetaBuilders U.S. Mid Cap Equity ETF were worth $749,000 as of its most recent filing with the Securities and Exchange Commission.
A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the stock. Sanctuary Advisors LLC acquired a new position in shares of JPMorgan BetaBuilders U.S. Mid Cap Equity ETF in the 3rd quarter valued at $991,000. ACT Advisors LLC. increased its holdings in shares of JPMorgan BetaBuilders U.S. Mid Cap Equity ETF by 49.0% in the 4th quarter. ACT Advisors LLC. now owns 13,820 shares of the company’s stock valued at $1,330,000 after acquiring an additional 4,546 shares during the period. AdvisorNet Financial Inc acquired a new position in shares of JPMorgan BetaBuilders U.S. Mid Cap Equity ETF in the 4th quarter valued at $56,000. Park Avenue Securities LLC purchased a new position in JPMorgan BetaBuilders U.S. Mid Cap Equity ETF in the 4th quarter valued at $1,244,000. Finally, Lake Street Private Wealth LLC purchased a new position in JPMorgan BetaBuilders U.S. Mid Cap Equity ETF in the 4th quarter valued at $324,000.
JPMorgan BetaBuilders U.S. Mid Cap Equity ETF Price Performance
NYSEARCA:BBMC opened at $90.16 on Wednesday. The firm’s fifty day moving average price is $98.10 and its 200 day moving average price is $97.22. JPMorgan BetaBuilders U.S. Mid Cap Equity ETF has a 1-year low of $83.89 and a 1-year high of $105.68. The firm has a market cap of $1.68 billion, a price-to-earnings ratio of 18.44 and a beta of 1.11.
JPMorgan BetaBuilders U.S. Mid Cap Equity ETF 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.
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