From Nasdaq: 2024-05-28 06:20:05

Launched on 04/14/2020, the JPMorgan BetaBuilders U.S. Mid Cap Equity ETF (BBMC) aims to provide broad exposure to the Mid Cap Blend segment of the US equity market, sponsored by J.P. Morgan with assets over $1.66 billion.

Mid Cap businesses offer stability and growth potential, with market capitalization between $2 billion and $10 billion. BBMC’s expense ratio is 0.07% with a 1.26% dividend yield.

BBMC focuses on Industrials, Consumer Discretionary and Financials sectors with top holdings in Super Micro Computer Inc, Microstrategy Inc, and Builders Firstsource Inc.

BBMC performance tracks the MORNINGSTAR US MID CAP TGT MK EXP EXT ID, showing a 6% increase this year, up 23.34% in the last year. It aims at free-float adjusted market-cap weighted index.

Vanguard Mid-Cap ETF (VO) and iShares Core S&P Mid-Cap ETF (IJH) are similar alternatives. BBMC carries a Zacks ETF Rank of 3 (Hold) and is a cost-effective option for Mid Cap Blend exposure.

Passively managed ETFs like BBMC are popular for low costs, transparency, flexibility, and tax efficiency. Investors can access more information at Zacks ETF Center.

Read more at Nasdaq: Should JPMorgan BetaBuilders U.S. Mid Cap Equity ETF (BBMC) Be on Your Investing Radar?