JPMorgan BetaBuilders U.S. Mid Cap Equity ETF (NYSEARCA:BBMC) Short Interest Update

JPMorgan BetaBuilders U.S. Mid Cap Equity ETF (NYSEARCA:BBMC) saw a significant decline in short interest during the month of February. As of February 13th, there was short interest totaling 4,704 shares, a decline of 67.1% from the January 29th total of 14,285 shares. Based on an average daily trading volume, of 40,790 shares, the days-to-cover ratio is currently 0.1 days. Currently, 0.0% of the shares of the company are short sold. Currently, 0.0% of the shares of the company are short sold. Based on an average daily trading volume, of 40,790 shares, the days-to-cover ratio is currently 0.1 days.

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

Shares of BBMC traded down $1.38 during mid-day trading on Friday, reaching $115.20. 324,400 shares of the company’s stock were exchanged, compared to its average volume of 57,756. The business’s fifty day simple moving average is $112.53 and its 200-day simple moving average is $107.33. The stock has a market capitalization of $2.01 billion, a PE ratio of 18.31 and a beta of 1.12. JPMorgan BetaBuilders U.S. Mid Cap Equity ETF has a 52-week low of $77.29 and a 52-week high of $116.58.

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

A number of institutional investors and hedge funds have recently made changes to their positions in BBMC. Kestra Advisory Services LLC acquired a new stake in shares of JPMorgan BetaBuilders U.S. Mid Cap Equity ETF during the fourth quarter worth about $106,000. Cornerstone Planning Group LLC acquired a new stake in JPMorgan BetaBuilders U.S. Mid Cap Equity ETF during the 4th quarter worth approximately $122,000. Raymond James Financial Inc. purchased a new position in shares of JPMorgan BetaBuilders U.S. Mid Cap Equity ETF in the 2nd quarter valued at approximately $144,000. Geneos Wealth Management Inc. increased its holdings in shares of JPMorgan BetaBuilders U.S. Mid Cap Equity ETF by 29.4% in the second quarter. Geneos Wealth Management Inc. now owns 1,630 shares of the company’s stock valued at $159,000 after purchasing an additional 370 shares during the period. Finally, Ascent Group LLC increased its holdings in shares of JPMorgan BetaBuilders U.S. Mid Cap Equity ETF by 13.0% in the third quarter. Ascent Group LLC now owns 3,171 shares of the company’s stock valued at $330,000 after purchasing an additional 364 shares during the period.

JPMorgan BetaBuilders U.S. Mid Cap Equity ETF Company 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.