JPMorgan Chase & Co. Purchases 418,920 Shares of JPMorgan BetaBuilders Emerging Markets Equity ETF $BBEM

JPMorgan Chase & Co. boosted its position in shares of JPMorgan BetaBuilders Emerging Markets Equity ETF (BATS:BBEM) by 3.9% during the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 11,201,230 shares of the company’s stock after acquiring an additional 418,920 shares during the period. JPMorgan Chase & Co. owned approximately 63.64% of JPMorgan BetaBuilders Emerging Markets Equity ETF worth $712,734,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Susquehanna International Group LLP increased its stake in JPMorgan BetaBuilders Emerging Markets Equity ETF by 94.6% during the third quarter. Susquehanna International Group LLP now owns 179,204 shares of the company’s stock valued at $11,345,000 after acquiring an additional 87,123 shares during the period. Citadel Advisors LLC bought a new position in JPMorgan BetaBuilders Emerging Markets Equity ETF during the third quarter valued at about $2,310,000. Finally, Bank of America Corp DE bought a new position in JPMorgan BetaBuilders Emerging Markets Equity ETF during the third quarter valued at about $303,000.

JPMorgan BetaBuilders Emerging Markets Equity ETF Stock Down 0.0%

Shares of BBEM opened at $75.90 on Wednesday. JPMorgan BetaBuilders Emerging Markets Equity ETF has a 12-month low of $56.57 and a 12-month high of $81.72. The firm has a market capitalization of $1.34 billion, a price-to-earnings ratio of 14.49 and a beta of 0.59. The stock’s 50-day moving average price is $73.93 and its 200 day moving average price is $69.38.

JPMorgan BetaBuilders Emerging Markets Equity ETF Company Profile

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.