JPMorgan BetaBuilders Developed Asia Pacific ex-Japan ETF (BATS:BBAX) Stock Price Up 1.3% – Here’s Why

JPMorgan BetaBuilders Developed Asia Pacific ex-Japan ETF (BATS:BBAX) rose 1.3% during trading on Thursday . The company traded as high as $49.26 and last traded at $49.13. Approximately 417,276 shares were traded during mid-day trading, The stock had previously closed at $48.50.

JPMorgan BetaBuilders Developed Asia Pacific ex-Japan ETF Stock Up 1.5 %

The business’s 50-day simple moving average is $50.37 and its two-hundred day simple moving average is $50.72. The firm has a market capitalization of $4.71 billion, a price-to-earnings ratio of 13.86 and a beta of 0.99.

Institutional Investors Weigh In On JPMorgan BetaBuilders Developed Asia Pacific ex-Japan ETF

A number of institutional investors have recently modified their holdings of the company. Financial Management Professionals Inc. purchased a new position in JPMorgan BetaBuilders Developed Asia Pacific ex-Japan ETF during the 3rd quarter valued at about $7,132,000. Icon Wealth Advisors LLC acquired a new stake in shares of JPMorgan BetaBuilders Developed Asia Pacific ex-Japan ETF during the third quarter worth about $394,000. Finally, Brown Brothers Harriman & Co. lifted its position in shares of JPMorgan BetaBuilders Developed Asia Pacific ex-Japan ETF by 589.8% during the second quarter. Brown Brothers Harriman & Co. now owns 876 shares of the company’s stock worth $42,000 after purchasing an additional 749 shares in the last quarter.

JPMorgan BetaBuilders Developed Asia Pacific ex-Japan ETF Company Profile

The JPMorgan BetaBuilders Developed Asia Pacific ex-Japan ETF (BBAX) is an exchange-traded fund that mostly invests in total market equity. The fund tracks a market cap-weighted index of large- and mid-cap stocks in developed-market Asian countries, excluding Japan. BBAX was launched on Aug 7, 2018 and is managed by JPMorgan Chase.