JPMorgan BetaBuilders Emerging Markets Equity ETF (BATS:BBEM) Hits New 12-Month High – What’s Next?

JPMorgan BetaBuilders Emerging Markets Equity ETF (BATS:BBEMGet Free Report) hit a new 52-week high during trading on Monday . The company traded as high as $66.4916 and last traded at $64.1950, with a volume of 225 shares trading hands. The stock had previously closed at $66.1570.

JPMorgan BetaBuilders Emerging Markets Equity ETF Stock Performance

The company has a market cap of $1.14 billion, a P/E ratio of 14.49 and a beta of 0.59. The firm has a 50 day moving average price of $64.51 and a two-hundred day moving average price of $60.93.

Hedge Funds Weigh In On JPMorgan BetaBuilders Emerging Markets Equity ETF

Several large investors have recently modified their holdings of the business. Bank of America Corp DE bought a new stake in shares of JPMorgan BetaBuilders Emerging Markets Equity ETF in the third quarter valued at approximately $303,000. Hsbc Holdings PLC bought a new stake in JPMorgan BetaBuilders Emerging Markets Equity ETF during the 1st quarter valued at $366,000. Citadel Advisors LLC bought a new stake in JPMorgan BetaBuilders Emerging Markets Equity ETF during the 3rd quarter valued at $2,310,000. Susquehanna International Group LLP lifted its position in shares of 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 worth $11,345,000 after acquiring an additional 87,123 shares in the last quarter. Finally, Flow Traders U.S. LLC bought a new position in shares of JPMorgan BetaBuilders Emerging Markets Equity ETF in the second quarter worth $11,518,000.

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.

Further Reading

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