JPMorgan BetaBuilders U.S. Mid Cap Equity ETF Price & Performance (BBMC)

The JPMorgan BetaBuilders U.S. Mid Cap Equity ETF (BBMC) has seen notable institutional activity. Steward Partners Investment Advisory LLC increased its stake by 19.9% in Q4, while Bank of New York Mellon Corp recently acquired 29,322 shares. The ETF is currently trading near its 12-month low of $83.89, reflecting broader market trends.12

Steel Dynamics, Inc. (STLD) has announced a $1.5 billion stock repurchase program, signaling confidence in its valuation. The company’s stock is trading at $135.07, with a P/E ratio of 13.78. Analysts project an EPS of 9.01 for 2025, despite recent quarterly earnings falling short of expectations.3

The JPMorgan BetaBuilders U.S. Mid Cap Equity ETF (BBMC) has encountered technical resistance near $94.45, according to recent analysis. Day traders are advised to monitor $92.39 as a pivotal level. The ETF, which tracks U.S. mid-cap equities, has a current beta of 1.11, reflecting moderate market sensitivity.45