JPMorgan BetaBuilders Emerging Markets Equity ETF (BATS:BBEM) Reaches New 52-Week High – Should You Buy?

JPMorgan BetaBuilders Emerging Markets Equity ETF (BATS:BBEMGet Free Report) shares hit a new 52-week high during trading on Tuesday . The company traded as high as $78.50 and last traded at $78.48, with a volume of 5984 shares trading hands. The stock had previously closed at $75.86.

JPMorgan BetaBuilders Emerging Markets Equity ETF Stock Up 0.5%

The business’s 50 day moving average is $71.91 and its two-hundred day moving average is $68.62. The firm has a market capitalization of $1.39 billion, a P/E ratio of 14.49 and a beta of 0.59.

Institutional Trading of JPMorgan BetaBuilders Emerging Markets Equity ETF

Several institutional investors have recently modified their holdings of BBEM. Royal Bank of Canada bought a new position in shares of JPMorgan BetaBuilders Emerging Markets Equity ETF during the 1st quarter valued at about $166,000. Bank of Nova Scotia acquired a new position in JPMorgan BetaBuilders Emerging Markets Equity ETF in the first quarter worth approximately $5,837,000. Cetera Investment Advisers bought a new position in shares of JPMorgan BetaBuilders Emerging Markets Equity ETF in the first quarter valued at $205,000. Hsbc Holdings PLC lifted its position in shares of JPMorgan BetaBuilders Emerging Markets Equity ETF by 18.6% during the 1st quarter. Hsbc Holdings PLC now owns 30,740 shares of the company’s stock valued at $2,021,000 after acquiring an additional 4,829 shares during the last quarter. Finally, Titleist Asset Management LLC acquired a new stake in shares of JPMorgan BetaBuilders Emerging Markets Equity ETF during the 4th quarter valued at $286,000.

About JPMorgan BetaBuilders Emerging Markets Equity ETF

(Get Free Report)

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.

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