Archer Investment Corp Purchases New Shares in JPMorgan BetaBuilders U.S. Mid Cap Equity ETF $BBMC

Archer Investment Corp acquired a new stake in shares of JPMorgan BetaBuilders U.S. Mid Cap Equity ETF (NYSEARCA:BBMCFree Report) in the 1st quarter, Holdings Channel reports. The firm acquired 4,516 shares of the company’s stock, valued at approximately $490,000.

Other institutional investors and hedge funds have also made changes to their positions in the company. Kestra Advisory Services LLC bought a new stake in shares of JPMorgan BetaBuilders U.S. Mid Cap Equity ETF in the 4th quarter worth about $106,000. Cornerstone Planning Group LLC bought a new position in shares of JPMorgan BetaBuilders U.S. Mid Cap Equity ETF in the 4th quarter valued at about $122,000. Raymond James Financial Inc. purchased a new position in JPMorgan BetaBuilders U.S. Mid Cap Equity ETF in the second quarter worth about $144,000. Geneos Wealth Management Inc. grew its position in 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 worth $159,000 after acquiring an additional 370 shares in the last quarter. Finally, Private Advisor Group LLC bought a new stake in JPMorgan BetaBuilders U.S. Mid Cap Equity ETF during the first quarter worth approximately $443,000.

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

Shares of BBMC stock opened at $124.47 on Tuesday. JPMorgan BetaBuilders U.S. Mid Cap Equity ETF has a 1 year low of $96.88 and a 1 year high of $127.70. The stock’s 50 day simple moving average is $123.12 and its two-hundred day simple moving average is $116.28. The company has a market cap of $2.04 billion, a PE ratio of 18.31 and a beta of 1.07.

About JPMorgan BetaBuilders U.S. Mid Cap Equity ETF

(Free Report)

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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Institutional Ownership by Quarter for JPMorgan BetaBuilders U.S. Mid Cap Equity ETF (NYSEARCA:BBMC)

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