JPMorgan BetaBuilders Developed Asia Pacific ex-Japan ETF (BATS:BBAX) Shares Up 2.2% – What’s Next?

JPMorgan BetaBuilders Developed Asia Pacific ex-Japan ETF (BATS:BBAX)’s share price shot up 2.2% during trading on Monday . The stock traded as high as $49.26 and last traded at $49.56. 417,276 shares traded hands during trading, The stock had previously closed at $48.50.

JPMorgan BetaBuilders Developed Asia Pacific ex-Japan ETF Stock Up 2.2 %

The stock has a market capitalization of $4.63 billion, a price-to-earnings ratio of 18.34 and a beta of 0.94. The company’s 50-day simple moving average is $49.84 and its 200 day simple moving average is $51.05.

Hedge Funds Weigh In On JPMorgan BetaBuilders Developed Asia Pacific ex-Japan ETF

Several hedge funds have recently bought and sold shares of the business. Bessemer Group Inc. acquired a new position in JPMorgan BetaBuilders Developed Asia Pacific ex-Japan ETF during the fourth quarter worth $341,000. Atlas Capital Advisors Inc. increased its position in JPMorgan BetaBuilders Developed Asia Pacific ex-Japan ETF by 18.4% during the fourth quarter. Atlas Capital Advisors Inc. now owns 14,695 shares of the company’s stock worth $716,000 after buying an additional 2,283 shares during the last quarter. Brown Brothers Harriman & Co. increased its position in JPMorgan BetaBuilders Developed Asia Pacific ex-Japan ETF by 89.4% during the fourth quarter. Brown Brothers Harriman & Co. now owns 1,659 shares of the company’s stock worth $81,000 after buying an additional 783 shares during the last quarter. JPMorgan Chase & Co. increased its position in JPMorgan BetaBuilders Developed Asia Pacific ex-Japan ETF by 1.3% during the fourth quarter. JPMorgan Chase & Co. now owns 76,343,665 shares of the company’s stock worth $3,721,754,000 after buying an additional 994,073 shares during the last quarter. Finally, EverSource Wealth Advisors LLC boosted its holdings in JPMorgan BetaBuilders Developed Asia Pacific ex-Japan ETF by 6,830.0% during the fourth quarter. EverSource Wealth Advisors LLC now owns 693 shares of the company’s stock valued at $34,000 after acquiring an additional 683 shares during the period.

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.