JPMorgan BetaBuilders Emerging Markets Equity ETF (BATS:BBEM) Share Price Crosses Above 200 Day Moving Average – Should You Sell?

JPMorgan BetaBuilders Emerging Markets Equity ETF (BATS:BBEM) shares passed above its two hundred day moving average during trading on Monday . The stock has a two hundred day moving average of $53.26 and traded as high as $54.40. JPMorgan BetaBuilders Emerging Markets Equity ETF shares last traded at $54.13, with a volume of 37,188 shares.

JPMorgan BetaBuilders Emerging Markets Equity ETF Stock Up 0.5 %

The company’s fifty day simple moving average is $54.03 and its 200 day simple moving average is $53.27. The firm has a market capitalization of $609.90 million, a PE ratio of 14.38 and a beta of 0.84.

Hedge Funds Weigh In On JPMorgan BetaBuilders Emerging Markets Equity ETF

An institutional investor recently bought a new position in JPMorgan BetaBuilders Emerging Markets Equity ETF stock. Flow Traders U.S. LLC acquired a new stake in shares of JPMorgan BetaBuilders Emerging Markets Equity ETF (BATS:BBEM) in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm acquired 117,894 shares of the company’s stock, valued at approximately $6,558,000. Flow Traders U.S. LLC owned approximately 1.03% of JPMorgan BetaBuilders Emerging Markets Equity ETF at the end of the most recent quarter.

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.