4,516 Shares in JPMorgan BetaBuilders U.S. Mid Cap Equity ETF $BBMC Acquired by Archer Investment Corp

Archer Investment Corp purchased a new position in JPMorgan BetaBuilders U.S. Mid Cap Equity ETF (NYSEARCA:BBMC) in the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor purchased 4,516 shares of the company’s stock, valued at approximately $490,000.

A number of other institutional investors have also added to or reduced their stakes in the stock. Flow Traders U.S. LLC grew its stake in JPMorgan BetaBuilders U.S. Mid Cap Equity ETF by 50.1% during the third quarter. Flow Traders U.S. LLC now owns 29,366 shares of the company’s stock valued at $3,054,000 after acquiring an additional 9,807 shares in the last quarter. Triad Wealth Partners LLC purchased a new stake in JPMorgan BetaBuilders U.S. Mid Cap Equity ETF in the 4th quarter worth $489,000. Sanctuary Advisors LLC lifted its stake in JPMorgan BetaBuilders U.S. Mid Cap Equity ETF by 1,507.1% in the 4th quarter. Sanctuary Advisors LLC now owns 34,055 shares of the company’s stock worth $3,631,000 after purchasing an additional 31,936 shares in the last quarter. Geneos Wealth Management Inc. lifted its stake in JPMorgan BetaBuilders U.S. Mid Cap Equity ETF by 5.4% in the 4th quarter. Geneos Wealth Management Inc. now owns 2,252 shares of the company’s stock worth $240,000 after purchasing an additional 116 shares in the last quarter. Finally, TBH Global Asset Management LLC bought a new position in shares of JPMorgan BetaBuilders U.S. Mid Cap Equity ETF during the 4th quarter valued at about $1,630,000.

JPMorgan BetaBuilders U.S. Mid Cap Equity ETF Trading Down 0.5%

Shares of BBMC stock opened at $124.47 on Tuesday. JPMorgan BetaBuilders U.S. Mid Cap Equity ETF has a 12-month low of $96.88 and a 12-month high of $127.70. The stock’s 50-day moving average price is $123.12 and its 200-day moving average price is $116.28. The stock has a market capitalization of $2.04 billion, a price-to-earnings ratio of 18.31 and a beta of 1.07.

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.