JPMorgan BetaBuilders Developed Asia Pacific ex-Japan ETF (BATS:BBAX) Sets New 1-Year High – What’s Next?

JPMorgan BetaBuilders Developed Asia Pacific ex-Japan ETF (BATS:BBAX) hit a new 52-week high during mid-day trading on Thursday . The stock traded as high as $64.30 and last traded at $64.25, with a volume of 302181 shares trading hands. The stock had previously closed at $63.59.

JPMorgan BetaBuilders Developed Asia Pacific ex-Japan ETF Trading Up 0.3%

The business’s fifty day simple moving average is $59.84 and its 200 day simple moving average is $57.53. The stock has a market cap of $6.15 billion, a price-to-earnings ratio of 17.74 and a beta of 0.87.

Institutional Trading of JPMorgan BetaBuilders Developed Asia Pacific ex-Japan ETF

A number of institutional investors and hedge funds have recently modified their holdings of BBAX. Dorsey & Whitney Trust CO LLC boosted its stake in JPMorgan BetaBuilders Developed Asia Pacific ex-Japan ETF by 10.0% during the 2nd quarter. Dorsey & Whitney Trust CO LLC now owns 6,421 shares of the company’s stock worth $350,000 after acquiring an additional 585 shares during the last quarter. Flow Traders U.S. LLC acquired a new position in shares of JPMorgan BetaBuilders Developed Asia Pacific ex-Japan ETF in the 2nd quarter valued at $291,000. Osaic Holdings Inc. raised its stake in JPMorgan BetaBuilders Developed Asia Pacific ex-Japan ETF by 20.2% during the 2nd quarter. Osaic Holdings Inc. now owns 2,732 shares of the company’s stock worth $149,000 after buying an additional 459 shares during the period. Farther Finance Advisors LLC lifted its holdings in JPMorgan BetaBuilders Developed Asia Pacific ex-Japan ETF by 398.9% during the third quarter. Farther Finance Advisors LLC now owns 469 shares of the company’s stock worth $26,000 after acquiring an additional 375 shares in the last quarter. Finally, JPMorgan Chase & Co. raised its position in shares of JPMorgan BetaBuilders Developed Asia Pacific ex-Japan ETF by 1.9% during the third quarter. JPMorgan Chase & Co. now owns 81,451,909 shares of the company’s stock worth $4,589,001,000 after purchasing an additional 1,526,729 shares during the period.

About JPMorgan BetaBuilders Developed Asia Pacific ex-Japan ETF

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.