Assetmark Inc. Trims Position in JPMorgan BetaBuilders U.S. Mid Cap Equity ETF (NYSEARCA:BBMC)

Assetmark Inc. trimmed its position in JPMorgan BetaBuilders U.S. Mid Cap Equity ETF (NYSEARCA:BBMC) by 2.3% during the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 19,706 shares of the company’s stock after selling 457 shares during the quarter. Assetmark Inc. owned approximately 0.11% of JPMorgan BetaBuilders U.S. Mid Cap Equity ETF worth $1,862,000 at the end of the most recent quarter.

A number of other large investors also recently modified their holdings of BBMC. SageView Advisory Group LLC bought a new position in JPMorgan BetaBuilders U.S. Mid Cap Equity ETF in the 1st quarter worth about $185,000. Sutton Place Investors LLC increased its position in shares of JPMorgan BetaBuilders U.S. Mid Cap Equity ETF by 19.9% in the second quarter. Sutton Place Investors LLC now owns 2,755 shares of the company’s stock worth $242,000 after purchasing an additional 457 shares during the last quarter. Ascent Group LLC raised its stake in JPMorgan BetaBuilders U.S. Mid Cap Equity ETF by 2.2% in the first quarter. Ascent Group LLC now owns 5,404 shares of the company’s stock valued at $500,000 after purchasing an additional 116 shares in the last quarter. Flow Traders U.S. LLC lifted its position in JPMorgan BetaBuilders U.S. Mid Cap Equity ETF by 2,627.0% during the first quarter. Flow Traders U.S. LLC now owns 131,796 shares of the company’s stock valued at $12,185,000 after purchasing an additional 126,963 shares during the last quarter. Finally, Janney Montgomery Scott LLC grew its stake in JPMorgan BetaBuilders U.S. Mid Cap Equity ETF by 11.9% in the 3rd quarter. Janney Montgomery Scott LLC now owns 140,109 shares of the company’s stock worth $13,236,000 after buying an additional 14,899 shares in the last quarter.

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

Shares of BBMC stock opened at $101.03 on Thursday. The business has a 50-day moving average price of $94.70 and a two-hundred day moving average price of $91.18. JPMorgan BetaBuilders U.S. Mid Cap Equity ETF has a 12-month low of $74.93 and a 12-month high of $102.77. The firm has a market cap of $1.86 billion, a P/E ratio of 16.22 and a beta of 1.15.

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.