JPMorgan BetaBuilders Japan ETF (BATS:BBJP) Hits New 52-Week High – Time to Buy?

JPMorgan BetaBuilders Japan ETF (BATS:BBJP) hit a new 52-week high during mid-day trading on Tuesday . The company traded as high as $76.89 and last traded at $76.89, with a volume of 97850 shares trading hands. The stock had previously closed at $76.34.

JPMorgan BetaBuilders Japan ETF Stock Performance

The business’s fifty day moving average price is $73.73 and its 200-day moving average price is $71.28. The stock has a market cap of $16.49 billion, a PE ratio of 14.47 and a beta of 0.65.

Institutional Trading of JPMorgan BetaBuilders Japan ETF

A number of institutional investors have recently made changes to their positions in BBJP. Atlantic Union Bankshares Corp purchased a new position in shares of JPMorgan BetaBuilders Japan ETF in the 4th quarter worth $28,000. Jones Financial Companies Lllp boosted its stake in shares of JPMorgan BetaBuilders Japan ETF by 1,229.4% in the 3rd quarter. Jones Financial Companies Lllp now owns 452 shares of the company’s stock worth $30,000 after buying an additional 418 shares during the last quarter. Eastern Bank purchased a new position in shares of JPMorgan BetaBuilders Japan ETF in the 4th quarter worth $42,000. Signaturefd LLC purchased a new position in shares of JPMorgan BetaBuilders Japan ETF in the 4th quarter worth $42,000. Finally, NewEdge Advisors LLC boosted its stake in shares of JPMorgan BetaBuilders Japan ETF by 84.4% in the 1st quarter. NewEdge Advisors LLC now owns 723 shares of the company’s stock worth $50,000 after buying an additional 331 shares during the last quarter.

About JPMorgan BetaBuilders Japan ETF

The JPMorgan BetaBuilders Japan ETF (BBJP) is an exchange-traded fund that mostly invests in total market equity. The fund tracks a market cap-weighted index of Japanese large- and mid-cap stocks. BBJP was launched on Jun 15, 2018 and is managed by JPMorgan Chase.