JPMorgan BetaBuilders Developed Asia Pacific ex-Japan ETF (BATS:BBAX) Share Price Breaks Above 200 Day Moving Average – Here’s What Happened

JPMorgan BetaBuilders Developed Asia Pacific ex-Japan ETF (BATS:BBAX)’s share price crossed above its 200-day moving average during trading on Wednesday. The stock has a 200-day moving average of $61.99 and traded as high as $63.63. JPMorgan BetaBuilders Developed Asia Pacific ex-Japan ETF shares last traded at $63.57, with a volume of 288,785 shares.

JPMorgan BetaBuilders Developed Asia Pacific ex-Japan ETF Price Performance

The firm has a market cap of $5.97 billion, a P/E ratio of 17.74 and a beta of 0.87. The firm’s 50 day moving average is $62.66 and its 200 day moving average is $62.04.

Institutional Investors Weigh In On JPMorgan BetaBuilders Developed Asia Pacific ex-Japan ETF

Hedge funds and other institutional investors have recently bought and sold shares of the company. Financial Management Professionals Inc. purchased a new position in JPMorgan BetaBuilders Developed Asia Pacific ex-Japan ETF in the third quarter valued at about $9,897,000. Municipal Employees Retirement System of Michigan acquired a new position in JPMorgan BetaBuilders Developed Asia Pacific ex-Japan ETF in the 3rd quarter valued at approximately $542,000. Arlington Trust Co LLC grew its position in shares of JPMorgan BetaBuilders Developed Asia Pacific ex-Japan ETF by 229.5% during the 2nd quarter. Arlington Trust Co LLC now owns 2,745 shares of the company’s stock worth $164,000 after buying an additional 1,912 shares during the period. CX Institutional bought a new stake in JPMorgan BetaBuilders Developed Asia Pacific ex-Japan ETF in the 3rd quarter valued at approximately $31,000. Finally, NewEdge Advisors LLC grew its holdings in JPMorgan BetaBuilders Developed Asia Pacific ex-Japan ETF by 109.6% in the 1st quarter. NewEdge Advisors LLC now owns 526 shares of the company’s stock valued at $31,000 after buying an additional 275 shares in the last quarter.

JPMorgan BetaBuilders Developed Asia Pacific ex-Japan ETF Company Profile

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.