JPMorgan BetaBuilders Developed Asia Pacific ex-Japan ETF (BATS:BBAX) Sets New 52-Week High – Time to Buy?

JPMorgan BetaBuilders Developed Asia Pacific ex-Japan ETF (BATS:BBAX) shares hit a new 52-week high during trading on Tuesday . The stock traded as high as $64.61 and last traded at $64.53, with a volume of 82645 shares. The stock had previously closed at $63.70.

JPMorgan BetaBuilders Developed Asia Pacific ex-Japan ETF Stock Down 0.1%

The firm’s 50 day simple moving average is $61.44 and its two-hundred day simple moving average is $61.39. The stock has a market cap of $6.19 billion, a P/E ratio of 17.74 and a beta of 0.87.

Institutional Inflows and Outflows

Large investors have recently modified their holdings of the business. Financial Management Professionals Inc. bought a new position in JPMorgan BetaBuilders Developed Asia Pacific ex-Japan ETF during the 2nd quarter valued at $9,298,000. Arlington Trust Co LLC grew its holdings in JPMorgan BetaBuilders Developed Asia Pacific ex-Japan ETF by 229.5% during the second quarter. Arlington Trust Co LLC now owns 2,745 shares of the company’s stock worth $164,000 after acquiring an additional 1,912 shares during the period. NewEdge Advisors LLC raised its position in JPMorgan BetaBuilders Developed Asia Pacific ex-Japan ETF by 109.6% in the first quarter. NewEdge Advisors LLC now owns 526 shares of the company’s stock worth $31,000 after acquiring an additional 275 shares in the last quarter. Bayban bought a new stake in JPMorgan BetaBuilders Developed Asia Pacific ex-Japan ETF in the fourth quarter worth about $210,000. Finally, Atlas Capital Advisors Inc. acquired a new stake in JPMorgan BetaBuilders Developed Asia Pacific ex-Japan ETF in the 4th quarter valued at about $9,936,000.

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.