JPMorgan BetaBuilders Emerging Markets Equity ETF (BATS:BBEM – Get Free Report) was the recipient of a significant drop in short interest in the month of August. As of August 31st, there was short interest totaling 1,713 shares, a drop of 46.4% from the August 15th total of 3,196 shares. Approximately 0.0% of the shares of the company are short sold. Based on an average daily volume of 64,835 shares, the days-to-cover ratio is currently 0.0 days.
Institutional Inflows and Outflows
A number of hedge funds have recently bought and sold shares of BBEM. Royal Bank of Canada purchased a new stake in shares of JPMorgan BetaBuilders Emerging Markets Equity ETF during the first quarter worth $166,000. Cetera Investment Advisers purchased a new position in shares of JPMorgan BetaBuilders Emerging Markets Equity ETF in the first quarter valued at $205,000. Hsbc Holdings PLC grew its position in shares of JPMorgan BetaBuilders Emerging Markets Equity ETF by 31.1% in the fourth quarter. Hsbc Holdings PLC now owns 25,911 shares of the company’s stock valued at $1,649,000 after purchasing an additional 6,140 shares in the last quarter. Citadel Advisors LLC bought a new stake in shares of JPMorgan BetaBuilders Emerging Markets Equity ETF during the 2nd quarter valued at $2,127,000. Finally, Bank of Nova Scotia bought a new stake in shares of JPMorgan BetaBuilders Emerging Markets Equity ETF during the 1st quarter valued at $5,837,000.
JPMorgan BetaBuilders Emerging Markets Equity ETF Stock Down 2.5%
BBEM opened at $76.11 on Tuesday. The firm has a 50-day moving average price of $75.95 and a 200-day moving average price of $74.24. JPMorgan BetaBuilders Emerging Markets Equity ETF has a twelve month low of $61.87 and a twelve month high of $82.68. The company has a market capitalization of $1.34 billion, a price-to-earnings ratio of 14.49 and a beta of 0.59.
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.
See Also
- Five stocks we like better than JPMorgan BetaBuilders Emerging Markets Equity ETF
- Analysts Are Punting Their Calls Into the Next Quarter After Adobe’s Mixed Earnings
- Institutional Money Is Pouring Into These 2 Altcoin ETFs
- The End of Big Tech Buybacks? Only One Hyperscaler Is Still Repurchasing Shares
- 3 Dividend Kings to Buy While They’re Still Beaten Down
Receive News & Ratings for JPMorgan BetaBuilders Emerging Markets Equity ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for JPMorgan BetaBuilders Emerging Markets Equity ETF and related companies with MarketBeat.com's FREE daily email newsletter.
