JPMorgan Chase & Co. Buys 546,824 Shares of JPMorgan BetaBuilders Emerging Markets Equity ETF (BATS:BBEM)

JPMorgan Chase & Co. increased its stake in shares of JPMorgan BetaBuilders Emerging Markets Equity ETF (BATS:BBEM) by 5.0% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 11,570,292 shares of the company’s stock after acquiring an additional 546,824 shares during the quarter. JPMorgan Chase & Co. owned approximately 101.49% of JPMorgan BetaBuilders Emerging Markets Equity ETF worth $590,201,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Separately, Flow Traders U.S. LLC purchased a new position in JPMorgan BetaBuilders Emerging Markets Equity ETF during the 3rd quarter valued at about $6,558,000.

JPMorgan BetaBuilders Emerging Markets Equity ETF Stock Performance

Shares of BBEM stock opened at $52.91 on Friday. The firm has a market cap of $931.29 million, a P/E ratio of 14.87 and a beta of 0.84. The business’s 50 day moving average price is $53.05 and its 200-day moving average price is $53.25. JPMorgan BetaBuilders Emerging Markets Equity ETF has a fifty-two week low of $48.90 and a fifty-two week high of $57.23.

About JPMorgan BetaBuilders Emerging Markets Equity ETF

The JPMorgan BetaBuilders Emerging Markets Equity ETF (BBEM) is an exchange-traded fund that mostly invests in total market equity. The fund tracks a market cap-weighted index of large- and mid-capitalization companies in emerging markets. BBEM was launched on May 10, 2023 and is managed by JPMorgan Chase.